Canadian Man Arrested for Allegedly Stealing and Trying to Sell Tesla Battery Secrets

• U.S. prosecutors arrested a Canadian man, Klaus Pflugbeil, for allegedly stealing and trying to sell Tesla's secret battery manufacturing technology • Pflugbeil worked for a company called Hibar Systems that Tesla acquired in 2019, giving him inside access to proprietary information • Pflugbeil tried to sell the technology by advertising online and was working with a Chinese business partner named Yilong Shao • Undercover federal agents met with the men and expressed interest in buying the secrets from Tesla • The U.S. Attorney said the arrest shows the government will prosecute theft of trade secrets that undermine innovation and create economic and national security risks