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Trademark Squatter in China Could Cost Tesla Tens of Millions

Tesla Motors may have to pay tens or hundreds of millions of dollars in a dispute with a trademark squatter in China. Tesla thought the case was solved, but businessman Zhan Baosheng has now launched a formal lawsuit, after buying up the trademarks in Chinese and English in 2006. “China seems determined to uphold its laws that often seem to favor those opportunists, not only hurting big foreign names like Tesla but also harming homegrown companies,” Young comments.

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