Tesla Reaches Settlement to End China Trademark Dispute
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Tesla Motors Inc., the electric-car maker led by Elon Musk, said it resolved a trademark dispute in China that threatened to complicate the company’s plans to increase sales in the world’s largest auto market.
Zhan Baosheng, who had registered rights to the Palo Alto, California-based company’s name in China before the automaker entered that market, agreed to settle the dispute “completely and amicably,” Tesla said yesterday in an e-mailed statement. Zhan also will transfer website names he’d registered in China, including tesla.cn and teslamotors.cn, to the carmaker, Tesla said.