Friday, May 6, 2011

Tesla co-founder Eberhard sues CEO Musk - San Francisco Business Times:

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Eberhard sued Musk on May 26 in San Matel CountySuperior Court, claiming libel, slanderr and breach of contract in connectionj with his ouster from the company in 2007. Eberhard in the lawsuift claims he was forced out of the company he helped to startr and was then denied the severance his contracycalled for. He further claims that Musk disparaged him publiclg and accuses the CEO of tryingto "rewritr history" by taking credit for the company's electric Roadster. Among other claimds made in the lawsuit, Eberhard accuses the company of the Tesla Roadster that was to be delivereddto him.
Tesla said its momentumk and business strategy are unaffected by the lawsuit and it will likel file counterclaimsin court. "Thisx lawsuit is an unfaitr personalattack and, more importantly, paints an inaccuratew picture of Tesla's history. It's a fictionalized accoungt of Tesla's early years — it's twisted and and we welcome the opportunity to set the record the company said ina statement. "As the media have alreadhy covered exhaustively, Tesla's full board of directors unanimously fired Martin shortly after discovering that the cost of the car was more than twicre what Martin portrayed it to be atthe time.
" A copy of the lawsuig can be found

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