Shocking Elon Move: Bigger Than DOGE?

After blowing everyone's mind with his recent DOGE moves, what Elon Musk is about to do next will not only shock the world... But it could also put an extra $30,000 a year in your pocket.

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

New Michael Wolff Book Exposes Previously Undisclosed Trump Secrets

Michael Wolff, a renowned author, has penned a new book that promises to reveal undisclosed secrets about President Donald Trump, offering a fresh perspective on his life and political career.

Apple Ditches Budget Smartphone Segment With iPhone 16E Launch

In a strategic shift, Apple has unveiled its latest product, the iPhone 16e, marking its exit from the budget smartphone market.

"Trump Coins:" the Next Big Thing - Ad

Have you heard of "Trump Coins?" Even though these coins are associated with or endorsed by President Trump... Tech legend Jeff Brown believes his policies will help send these coins higher than anyone can imagine in 2025.

Author of Upcoming Elon Musk Biography Questions His 'Intellectual Achievements'

Elon Musk's intellectual abilities have been called into question by his biographer, Seth Abramson. Abramson has disputed the widely held belief of Musk's intellectual achievements, asserting that there is no substantial evidence to support such claims.

Rivian's New Edition, Spacex Delays, Tesla's Decline, And Nikola's Bankruptcy: This Week In Mobility

Tech and automotive sectors experience ups and downs: Rivian's new vehicle, SpaceX's delay, Tesla's sales slump, and Nikola's bankruptcy.

Wall Street Legend Now Calling Exact Day Next Market Crash Will Start? - Ad

Perhaps no one on or off Wall Street has more accurate in calling the market turns of the past 7 years. From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024. And now, Marc Chaikin is predicting the exact month (even the exact day!) the next crash is most likely to start--don't miss this huge and important new call.

Which US companies are pulling back on diversity initiatives?

A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that endorsed following the protests that accompanied the Minneapolis police killing of George Floyd, a Black man, in 2020.

Big Study Shows Stocks Extremely Likely to Crash in 2026? - Ad

Legendary quant analyst Marc Chaikin says in 50 years on Wall Street, one stock cycle indicator worked better than anything else. It's been studied by Schwab, T.Rowe, Goldman, and more. And now Chaikin is sounding the alarm because this cycle indicator is pointing to March 2026 for the next big crash.

Ray Dalio's 'Holy Grail' Investment Strategy: Why 10-15 Diversified Investments Could Make You a Fortune

Billionaire investor Ray Dalio recently offered insights on successful investing, emphasizing the importance of diversification and patience in investment strategies.

Differences bubble up between PepsiCo and Coca-Cola on diversity programs

confirmed Friday that it's ending some of its initiatives, even as rival voiced support for its own inclusion efforts.

Is Bill Gates Missing the Big Picture? - Ad

Bill Gates calls it: "The most transformative technology any of us will see in our lifetimes." Eric Fry agrees, saying it's far more advanced than anything today... including AI. But he also warns it could send millions of Americans into poverty.

Why Is Cancer-Focused Exelixis Stock Trading Higher On Friday?

Exelixis reaffirmed its 2025 sales guidance of $2.15-$2.25 billion and reported sustained long-term efficacy for Cabometyx in advanced renal cell carcinoma.

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.

North Korea's Lazarus Group Suspected in $1.4 Billion Bybit Crypto Hack

North Korea’s infamous Lazarus Group is suspected to be the mastermind behind the $1.4 billion Ethereum (CRYPTO: ETH) hack on cryptocurrency exchange Bybit, as per findings from blockchain data platform Arkham Intelligence.

The Top AI Investment of 2025 (And It's Not AI) - Ad

Because this "Miracle Metal" is not only 400 times stronger than steel... Weighs 85% less...And it conducts electricity better than copper... But it's poised to solve a $267 billion flaw threatening artificial intelligence as a whole... and could stop development in its tracks.

Suspected Somali pirates seize a new Yemeni fishing boat in second recent attack

DUBAI, United Arab Emirates (AP) — Suspected have seized another Yemeni fishing boat off the Horn of Africa, authorities said.

Sam Bankman-Fried Slams Biden's Crypto Policies As 'Incredibly Destructive' While Aligning With Trump — Looking For A Pardon?

Sam Bankman-Fried, who is currently serving a 25-year sentence for the FTX scam, shared his disapproval of the previous Joe Biden administration and expressed sympathy toward President Donald Trump, according to an interview from his prison released Thursday.

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.

New Social Security chief contradicts claims that millions of dead people are getting payouts

WASHINGTON (AP) — The new head of the Social Security Administration said Wednesday that deceased centenarians are “not necessarily receiving benefits," contradicting claims that tens of millions of dead people over the age of 100 are getting payments from the agency.

WWE Reportedly Removes Marijuana From Banned Substances List

WWE has reportedly removed marijuana from its banned substances list, per Michin. WWE has not confirmed the policy change.

Claim Your Share of $5.39 Billion in AI Equity Checks - Ad

Virtually every AI model is built off stolen data...so it's only fair that you deserve some kind of compensation...And the U.S. government seems to agree. Which is why you could now receive as much as $3,452.50 per month on average from "AI Equity Checks."

What to know about Fort Knox's gold depository

LOUISVILLE, Ky. (AP) — President Donald Trump says Elon Musk will be looking at , the legendary depository in Kentucky for American gold reserves, to make sure the gold is still there.

The Best $1 You'll Ever Spend for the Trump Boom - Ad

Right now for a limited time...You can get Tim Bohen's top 5 Trump stocks for 2025... For only ONE DOLLAR! He says these 5 stocks are trading for less than $2 right now...But they could soon SOAR in Trump's first 100 days.

4 Nations Face-Off final between US and Canada drew record betting action

LAS VEGAS (AP) — Canada's over the United States in the championship game of the 4 Nations Face-Off on Thursday night set single-game hockey betting records.

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.

Must-See: Trump's Shocking AI Announcement - Ad

According to Jeff Brown, the tech legend who picked Nvidia in 2016, before shares exploded more than 20,000% higher... President Trump recently made a shocking AI announcement in the White House... That could trigger a second wave of the AI boom... And send these five AI stocks exploding higher... as early as FEBRUARY 26th

TrueCar's Outlook Is Cloudy, Analyst Downgrades Stock Seeking More Visibility

JP Morgan analyst downgrades TrueCar from Overweight to Neutral due to weak earnings & limited visibility on turnaround.

Alibaba Spikes 11% In Hong Kong As Tencent, Xiaomi Lead Tech Rally On Earnings Optimism, Chinese Stimulus Hopes

Chinese technology stocks advanced sharply on Friday, with Alibaba Group Holding Ltd. jumping 11.41% in Hong Kong trading, as investors responded to positive earnings guidance and anticipated monetary policy easing from Beijing.

Powerful AI Trading Software Leaked to Public - Ad

A shocking video leak has revealed a groundbreaking new AI trading system...It's reportedly helping some traders pocket over $1,100 a day -- using it for just 60 seconds! Here's the kicker: This system was developed to analyze market data and pinpoint high-probability trades nearly on autopilot.

What's Going On With Cancer Diagnostic Firm Guardant Health On Friday?

Guardant Health beat Q4 estimates with a smaller EPS loss and strong revenue growth. Analysts raised price targets, citing momentum and solid financials.

Some Traders Using AI to Pocket $1,100 per Day? - Ad

A shocking video leak has revealed a groundbreaking new AI trading system...It's reportedly helping some traders pocket over $1,100 a day -- using it for just 60 seconds! Here's the kicker: This system was developed to analyze market data and pinpoint high-probability trades nearly on autopilot.

Mary Trump Slams Uncle: 'Trump and His Corrupt Fascist Regime Are Aligned With the Agenda of Vladimir Putin and Moscow'

The U.S. government has reportedly issued a diplomatic questionnaire to European leaders. The questionnaire seeks to understand their position on Ukraine's security and their readiness to defend Ukraine without U.S. leadership.

AI-Powered Trading Platform Does 99% of the Work - Ad

My powerful AI software analyzes market data 24/7 to pinpoint high-probability option trades and finds opportunities in less than 60 seconds a day (no experience required). Watch my free video presentation, where I reveal exactly how this system works and how you could start targeting potentially life-changing profits.

Walmart Expects Slower Growth In 'An Uncertain Time,' CFO Says On Earnings Call

Walmart CFO John David Rainey gave further insight into the company's financial outlook on a conference call with analysts.

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 systemtrading.ca
Privacy Policy | Terms of Service