WATCH - Elon Musk says it's 'important' to have AI regulator as referee in tech space – Sep 13, 2023Klaus Pflugbeil, the operator of a China-based business that sells technology used in electric vehicles, was arrested on Tuesday in New York, federal prosecutors in Brooklyn said.Pflugbeil and business partner Yilong Shao built their business using trade secrets belonging to “a leading U.S.-based electric vehicle company,” prosecutors said. Shao was also charged but remained at large.
Prosecutors did not name the U.S.-based company, but said it acquired a Canada-based manufacturer of battery assembly lines in 2019. That matches the description of Tesla’s acquisition of a Canadian company named Hibar.Pflugbeil was expected to make an initial appearance in Brooklyn federal court on Tuesday afternoon, prosecutors said. His lawyer did not immediately respond to a request for comment.