Tesla’s founder and CEO bury the hatchet after short lawsuit
Only three months after filing suit against Tesla Motors and its chief executive, Elon Musk (right), the company’s own founder, Martin Eberhard (left), has given up the fight. Tesla announced today that the dispute has been resolved — without saying much else. It’s unclear whether a settlement was reached or if the suit was dropped, but this post will be updated as details emerge.
[Update: The San Jose Business Journal reported last month that Ebarhard outright… Continue Reading
Tesla founder sues company, CEO Elon Musk
Martin Eberhard, founder of Tesla Motors, the anointed darling of the electric vehicle industry, has filed suit against the company and its current leader, Elon Musk (right), who he accuses of slander, mismanagement, and, bizarrely, giving him a damaged Tesla roadster (the firm’s first product).
Hostility between Eberhard and Musk is nothing new. The co-founder departed in 2007 after losing too many boardroom skirmishes to Musk (at that time the company’s lead investor). But when he… Continue Reading
Tesla swerves, will sell high-tech batteries to others
Tesla Motors, the electric sports car start-up, has created a new division to sell its high-tech batteries, and that it has taken a $43 million order from a Norwegian car maker.
Chief executive Martin Eberhard has just blogged about the move.
The Norwegian electric car maker, Think (see image of the Think car, below), will buy the lithium-ion battery packs and will bring Tesla $3 million this year and $40 million in 2008, according to additional details… Continue Reading