About a month ago we heard that Martin Eberhard had decided to drop his defamation and breach of contract lawsuit against Elon Musk and Tesla Motors. Now comes word that Eberhard and the defendants have actually reached a settlement. Given the ruling of the judge in the case that the suit could proceed, apart from the claim that Musk was falsely claiming a role as co-founder, the settlement should not come as a surprise.
Martin Eberhard Lawsuit
There aren't yet any news reports posted about the events in court today surrounding the Tesla Motors lawsuit filed by ex-CEO Martin Eberhard, but we know from a new statement put out by Tesla that the judge struck down Eberhard's request to be declared one of just two founders of the company. Tesla said it was pleased by this decision, and "definitely agree[s] that Eberhard's claims on the founder issue have no legal relevance." The judge did not throw out the case, however, as Musk and the Tes
The legal battle between Tesla Motors CEO Elon Musk and ex-CEO Martin Eberhard continues tomorrow in San Mateo County Superior Court when Musk and Tesla's lawyers will ask a judge to toss out Eberhard's original lawsuit. Earlier this year, Eberhard filed a lawsuit that alleges that Musk, among other things, "committed a series of actions that not only resulted in the delay of the release of the Roadster to the consumer market, but also compromised Tesla Motors' financial health." Eberhard is als