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Martin Eberhard (/ ˈ ɛ b ər h ɑːr d /; born 1960) [1] is an American engineer and entrepreneur who co-founded Tesla, Inc. (then Tesla Motors) with Marc Tarpenning in 2003, where Eberhard was its original CEO serving until late 2007.
[65] [66] On May 26, 2009, Eberhard filed suit against Tesla and Musk for slander, libel and breach of contract. [67] Musk wrote a lengthy blog post that included original source documents, including emails between senior executives and other artifacts attempting to demonstrate that Eberhard was fired by Tesla's unanimous board of directors. [ 68 ]
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Tesla was incorporated (as Tesla Motors) on July 1, 2003, by Martin Eberhard and Marc Tarpenning in San Carlos, California. [2] [3] [4] The founders were influenced to start the company after General Motors recalled all its EV1 electric cars in 2003 and then destroyed them, [5] and seeing the higher fuel efficiency of battery-electric cars as an opportunity to break the usual correlation ...
Tesla is a Wall Street darling. But will it stay that way? Learn about its current state, value and future outlook to help you decide whether to invest.
What Tesla Is Worth. Share Price, 52-Week Range. $379.11-$1,094.94. 2020 Revenue. $31.536B. 2020 Profit. $690M. GOBankingRates’ Evaluation of Tesla’s Net Worth
Following a series of escalating conflicts in 2007, and the financial crisis of 2007–2008, Eberhard was ousted from the firm. [117] [page needed] [118] Musk assumed leadership of the company as CEO and product architect in 2008. [119] A 2009 lawsuit settlement with Eberhard designated Musk as a Tesla co-founder, along with Tarpenning and two ...
Now that arbitrators have ruled for Lore and Rodriguez, Taylor is contractually obligated to sell them the controlling share of the teams at the initial $1.5 billion valuation.