Crypto Stocks Are Heating Up

At the center of this transformation is a game-changing platform that's experiencing explosive growth with $41 million in revenue in just nine months. The stock has doubled in the last 45 days, but this is only the beginning.

Tesla Files Fresh Lawsuit Against Matthews After Court Defeat

Shivani Kumaresan
February 18, 2025

Matthews International Corporation (NASDAQ:MATW) announced on Monday that a U.S. District Court Judge rejected Tesla Inc’s (NASDAQ:TSLA) renewed effort to prevent Matthews from selling its proprietary dry battery electrode (DBE) technology.

This decision, made on February 14, 2025, comes after a series of legal actions taken by Tesla to contest Matthews’ operations involving its DBE solutions.

According to Matthews, the recent court ruling follows an arbitration win in early February that upheld Matthews’ right to sell its DBE technology internationally.

On February 6, 2025, Matthews had already secured a favorable arbitration decision, confirming its ability to continue providing its battery technology to global customers.

Tesla then swiftly filed legal challenges in the U.S. District Court for the Northern District of California, but the court ruled in Matthews’ favor, rejecting Tesla’s request for a temporary restraining order.

Also Read: Coca-Cola, PepsiCo Adjust DEI Policies Following Trump Executive Order: Report

Just hours after presenting the motion for a temporary restraining order before Judge Edward Davila in California, Tesla filed yet another lawsuit against Matthews in Federal Court.

Matthews stated that Tesla’s latest complaint filed in the U.S. District Court for the Northern District of California is meritless and appears to be nothing more than Tesla’s latest bullying tactic against Matthews.

The company plans to strongly defend its position and pursue additional legal actions against Tesla for what it perceives as wrongful conduct.

Matthews said it developed its DBE solutions more than 25 years ago. The company holds U.S. Patent No. 12,136,727 for the DBE technology.

Matthews began its relationship with Tesla in 2019 as a supplier of manufacturing machinery. Matthews said Tesla approached the company five years ago for engineering solutions and access to the company’s intellectual property and trade secrets.

Price Action: MATW shares closed higher by 3.04% at $25.73 on Friday.

Read Next:

  • Starbucks Plans To Open 500 New Stores In Middle East- Report

Image via Shutterstock.

Continue Reading...

Popular

What to know about the airplane that crashed and flipped while landing at Toronto's airport

A passenger jet flipped onto its roof while landing in Toronto, Canada, the fourth in North America in the past three weeks.

Conservative Influencer Says Musk Is Father of Her Newborn Child

Conservative influencer Ashley St. Clair has declared that Elon Musk is the father of her newborn child.

"This Will Define Trump's Legacy" - Ad

Forget the Border Crisis, China, and the Deep State. The biggest threat to Trump's 2nd term could begin with a major announcement scheduled for May 21st. And what one Big Tech CEO reveals on stage could derail Trump's entire plan for American AI dominance. But while most investors panic, a select few could stand to make fortunes.

Elon Musk Has A Frosty Relationship With Dad Errol But Last Year Gifted Him A Luxury Car That Was Surprisingly Not A Tesla - Here's Why

Despite their rocky relationship, Elon Musk gifted his father, Errol Musk, a Bentley Flying Spur last year instead of a Tesla, while also providing financial support to family members.

Mexico awaits new response from Google on dispute over Gulf of Mexico name before filing lawsuit

MEXICO CITY (AP) — Mexico said Monday it's awaiting a new response from Google to its request that the tech company fully restore the name Gulf of Mexico to its Google Maps service before filing a lawsuit.

2025 AI Blueprint Could Impact Nvidia's $5 Trillion Goal - Ad

Nvidia's mission to $5 trillion is detailed in Michael Robinson's 2025 AI Blueprint. But it's not Nvidia he's picking ...Instead, it's three of Nvidia's "Silent Partners." This crucial briefing focuses on a select group of three companies partnering with Nvidia that could benefit greatly this year.

Mr. Nvidia: If There's 1 Stock That's the "Next Nvidia," This Is It - Ad

If there's any stock out there that's the 'next Nvidia,' this is it," says 40-year Wall Street veteran Louis Navellier. The exact same signals his system detected in Nvidia years ago are flashing again for this company. Once Wall Street catches on, he's predicting a stampede into the shares.

Intel Shares Are Surging Today: What's Going On?

Intel Corporation (NASDAQ: INTC) shares are trading higher Tuesday after reports emerged that Broadcom Inc. (NASDAQ: AVGO) and Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) are considering acquiring portions of the company.

Republicans Fooled by Elon's Shocking Surprise - Ad

Republicans...Democrats......Probably even YOU...Have gotten it all wrong. Elon Musk and Donald Trump fooled everyone. They said it was to "save free speech"...Or "fix what the liberals broke"...But it turns out that was all just a smokescreen to hide the TRUTH.

Japan's exports and imports grew in January, as tariff worries loom

TOKYO (AP) — Japan recorded a trade deficit of 2.76 trillion yen ($18 billion) in January, the Finance Ministry reported Wednesday, as worries continue to grow about looming tariffs from the administration of .

Crazy Opportunity: Tiny AI Stock You Need to see - Ad

I'll bet not one in 1 in 100,000 investors knows about this scorching opportunity! A tiny AI Wonder Stock could jumpstart the kind of carefree life you can only dream about right now. Getting positioned is easy...But you'll need to know its name and ticker symbol. (Which I'm prepared to give you now.)

Vance? Rubio? Noem? Here's Who Might Top the GOP Ticket in 2028

President Trump's refusal to offer an early 2028 presidential endorsement for Vice President Vance has heightened speculation about who might lead the next GOP ticket.

Troubled electric vehicle maker Nikola files for bankruptcy protection

Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year.

3 Nvidia "Silent Partners" Could Be Key to Ai's Next Boom in 2025 - Ad

My 2025 AI Blueprint actually features three of what I call Nvidia's "Silent Partners." These companies may not be front-page news yet ... In fact, they may be under-the-radar for most investors ... But they could be absolutely vital to Nvidia's continued exponential growth.

The Latest: Opposition leader Merz’s headed to form Germany's next government

Germany's mainstream conservatives won the country's national election, while a far-right party surged to become the nation’s second-largest party, according to .

Delta Airlines plane flips on landing in Toronto and a badly hurt child is among 8 casualties

TORONTO (AP) — A badly injured child is among eight people who were hurt Monday when a Delta Airlines plane flipped upon arrival at Toronto’s Pearson Airport.

The Mag 7 Are Betting Big on the Future of Energy - Ad

Amazon, Microsoft, Meta, Tesla... these tech titans are all in on a groundbreaking, limitless energy source that will power their trillion-dollar AI empires. But here's the kicker-you can get in for just 40 cents as this energy source takes off. The future of energy is here, and it's set to change everything.

5 Stocks That Could Suffer With Canadian Tariffs

Trump plans to impose tariffs on Canada, causing businesses to scramble. Auto industry, energy, agriculture, and manufacturing will be impacted.

Trump Warns Zelenskyy To Quickly Negotiate War's End With Russia Or Risk Losing Ukraine

President Donald Trump warned Ukrainian President Volodymyr Zelenskyy on Wednesday to swiftly negotiate an end to Russia's invasion or face losing his country entirely.

Hate Elon? Read Immediately - Ad

Elon Musk is days away from launching the most radical economic transformation in American history. Please understand... you don't have long to act before Elon makes his move. Inside the next 100 days, I predict he's going to instigate an economic transformation that'll impact hundreds of millions of people.

Humane's AI Pin, Dubbed As Potential 'iPhone Killer' Dies This Month As Company Sells To HP For $116 Million Amid Poor Sales And Scathing Reviews

Humane Inc. is shutting down its AI Pin on February 28 and selling its assets, including its CosmOS software and over 300 patents, to HP Inc. for $116 million, following poor sales, negative reviews, and a failed product launch.

"Breakout Trigger" Detected on Tiny AI Stock - Ad

Don't invest another dime in NVIDIA, Microsoft, Google, or any of the other big boys. This one has the potential to be 100x bigger than all those. We have reason to believe its share price could go ballistic in the coming days and weeks. Get our No 1 AI investment recommendation of the decade.

All 80 aboard a Delta jet survive after it flips then bursts into flames on a Toronto runway

TORONTO (AP) — The Delta Air Lines jet wobbled so hard that it lost its right wing, and burst into flames on a runway in Toronto. The aircraft slid to a stop, upside down, leaving a trail of black smoke in its wake.

Beyond Stocks: Smart Money Chooses Private Credit - Ad

The traditional 60/40 portfolio faces unprecedented headwinds in 2025. Percent's platform gives accredited investors access to institutional-quality private credit deals starting at $500. Experience why sophisticated investors are adding private credit to their portfolios.

Biogen Strengthens Pipeline With Stoke Therapeutic's Dravet Syndrome Candidate Via Multi-Million Dollar Deal

Biogen and Stoke partner on zorevunersen for Dravet syndrome, with a Phase 3 trial starting in 2025. Stoke gets $165 million upfront and milestone payments.

Peter Lynch's Timeless Stock Advice: 'Person That Turns Over the Most Rocks Wins the Game'

Peter Lynch, famed for his remarkable returns at the helm of the Fidelity Magellan Fund, underscores the significance of comprehensive research and a long-term approach to successful investing, especially for those in their sixties.

My No. 1 "Nuclear Renaissance" Stock Pick for 2025 - Ad

Bill Gates, Warren Buffett, Elon Musk, and Jeff Bezos Are "Silent Partners" on the Next Phase of A.I. One Little-Known 'Savior Stock' - trading at just $8 right now - Offers a Rare Opportunity to Profit in the NEXT A.I.

Elon Musk Points To Bill Clinton-Era Government Job Cuts Amid Tesla Showroom Protests

Tesla Inc. CEO Elon Musk drew attention to historic government downsizing efforts On Monday, amid growing protests over his role in the President Donald Trump administration's Department of Government Efficiency and recent Tesla showroom demonstrations.

Fixing Germany's economy is a critical task for the country's next government

MULFINGEN, Germany (AP) — Germany needs . The old one, fueled by cheap and lucrative exports to China, is broken, leaving mired in stagnation and angst about the future.

The DOGE Agenda (Nine Stocks to Buy) - Ad

One Boston based think tank – who has studied Elon's work for decades – is stepping forward to share what they've found. They believe his TRUE plan is far more radical than anyone realizes. It could change the way you live, work, get paid...AND could make more people rich than all of Elon's previous ventures.

D-Wave, IonQ and Quantum Computing Stocks Pop: What's Driving the Momentum?

Microsoft announced the Majorana 1 chip, which it says can fit a million qubits into a chip comparable in size to a desktop PC CPU.

Is This Elon's True Agenda? - Ad

After you see the new research my Boston think tank just put together...You'll view Elon Musk in a totally new light. It will all suddenly make sense. In fact, it's been building up to what could play out over the next 100 days.

Bill Gates Has A Warning For The Next Generation, Says Be 'Very Afraid' Of These 4 Issues

Bill Gates has outlined critical challenges for future generations, emphasizing the importance of addressing bioterrorism, climate change, and artificial intelligence.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service