Tesla acquires a wireless charging startup.

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【Summary】Tesla has reportedly sold wireless charging startup Wiferion to German company PULS, just months after acquiring it. The move is seen as an "acqui-hire" strategy, where Tesla hires engineers and then sells off the assets.

FutureCar Staff Oct 11, 2023 9:16 AM PT

Tesla acquires a wireless charging startup.

Tesla recently made headlines when it hinted at the possibility of wireless charging technology for its vehicles. The company released an image showing a Model 3 parked on what seemed to be a wireless charging pad, sparking speculation among enthusiasts.

Reports soon emerged that Tesla was in the process of acquiring a German wireless charging startup called Wiferion. Known for its expertise in inductive charging technology for industrial robots and electric vehicles (EVs), Wiferion seemed like a perfect fit for Tesla's ambitions.

However, surprising news has now emerged that Tesla has sold Wiferion to another German company called PULS. The move has left many industry experts puzzled, with some suggesting that it was an "acqui-hire" strategy employed by Tesla.

An "acqui-hire" typically involves a company acquiring another primarily to gain access to its talented engineers. In this case, Tesla may have hired the engineers from Wiferion and then sold off the company's assets to PULS.

While the exact reasons behind Tesla's decision remain unclear, it is clear that the company is actively exploring and investing in wireless charging technology. The sale of Wiferion may be a strategic move to consolidate its resources and focus on developing its own wireless charging solutions.