58-year-old Canadian resident in China, Klaus Pflugbeil, pleaded guilty to stealing Tesla trade secrets and conspiring to sell them, facing up to 10 years in prison.

A Canadian resident of China, Klaus Pflugbeil, has pleaded guilty to stealing trade secrets from Tesla and conspiring to sell them. Pflugbeil, 58, faces up to 10 years in prison after plotting with business partner Yilong Shao to sell Tesla's secrets to FBI agents posing as Long Island businesspeople. Shao remains at large, and Pflugbeil's guilty plea demonstrates the US's commitment to protecting American companies' intellectual property and safeguarding national security.

June 13, 2024
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