Archive for the ‘martin eberhard’ Category

It's a great news day for Tesla Motors: not only is the company moving into new digs in Palo Alto, California, but also Tesla's co-founder and former CEO Martin Eberhard has dropped his lawsuit against the automaker and current CEO Elon Musk.

As for that first item: Tesla announced yesterday that it will lease a 350,000 square-foot facility in the Stanford Research Park in Palo Alto, where it will develop and manufacture components for its all-electric vehicles. The bulk of those components will be electric powertrains and chargers, which Tesla already sells to one of its larger shareholders, Daimler, and which will likely be used in the...

Good news for Tesla co-founder/former CEO Martin Eberhard: a judge has ruled that his lawsuit against Tesla and co-founder/current CEO Elon Musk can move forward. You might recall that Eberhard is suing the company and Musk for $100,000 missing from his severance package as well as slander over allegations that Muskzzzzzz -- oh god, see there? We're already bored with it again. Feel free to read the whole egomaniacal craptacular recap at your leisure. We're going out for coffee. [BusinessInsider]