Matthews International wins arbitration against Tesla, can resume DBE sales

From Nasdaq: 2025-02-06 10:11:32

Matthews International Corp. (MATW) wins arbitration ruling against Tesla, allowing it to sell DBE technology to other customers. The decision highlights Matthews’ expertise in the electric vehicle market.

After a year-long dispute, Matthews sought arbitration with Tesla, resulting in a favorable ruling. The company can now expand its presence in the global battery and automotive industries.

MATW stock is currently trading at $28.28, up 5.76% on the Nasdaq following the arbitration ruling.



Read more at Nasdaq: Matthews International Wins Arbitration Against Tesla, Resumes DBE Sales