4 Articles

And the battle goes on. Tesla Motors CEO Elon Musk and his company are fighting back in court against ex-CEO Martin Eberhard. Tesla spokeswoman Rachel Konrad sent us copies of two motions filed on June 29 in California Superior Court in San Mateo. In short, the defendants are claiming that Eberhard's claims are utterly baseless. Tesla is proclaiming that Eberhard's action is a SLAPP suit (SLAPP stands for Strategic Lawsuit Against Public Participation) and is an attempt to intimidate and silence

click the photo of Eberhard and his car for a high res gallery

Michael Corleone said it best, "It's not personal, it's business." There's been a lot of turmoil in the Silicon Valley hills lately as the Tesla Motors saga continues. Departed founder Martin Eberhard reports on his blog at TeslaFounders.com that the reorganization has been a "bloodbath" and questions the wisdom of the corporate machinations. Tesla's Daryl Siry contends that the company needed to tighten up its organization and refocus on the goal of actually delivering cars versus burning inves

News of Tesla's co-founder and CEO Martin Eberhard stepping down has been making the rounds in both automotive and tech circles all morning. The gist is that Eberhard will become Tesla's President of Technology so he can stay hands on with the all-electric Tesla Roadster's development, while a man by the name of Michael Marks, formers CEO of a company called Flextronics and one of Tesla's investors, will become interim CEO while a permanent replacement for Eberhard is found.