Tesla Inc. won a legal victory in the U.K. Supreme Court on Monday. The ruling revives Tesla's lawsuit against U.S. technology firm InterDigital and the Avanci patent licensing platform.
The case focuses on licensing terms for 5G patents essential to connected vehicles. Tesla is asking the court to determine fair, reasonable, and non-discriminatory (FRAND) terms for these patents.
The Supreme Court overturned previous lower court decisions that had dismissed Tesla's claim. The ruling affirms that patent pool owners are obligated to license technology on FRAND terms.
The case will now return to the High Court for further proceedings. This development supports Tesla’s upcoming launch of 5G-enabled vehicles in the U.K.
The United Kingdom serves as Tesla's fourth-largest market. Tesla shares rose 0.98% in pre-market trading following the announcement. The stock price reached $316.10 after a significant drop the previous week.