Tesla CEO Elon Musk likes to call himself "founder" of companies he didn't actually start. This weird fetish has never been fully safe and legal, until now: The real founder of Tesla Motors is dropping his lawsuit and granting permission.
Huge infusions of money would seem to have helped Tesla Motors: the electric-car startup has escaped a bitter lawsuit from founder Martin Eberhard and finally sited a power-train factory — and that's just this week. But other fights loom.
Elon Musk has a very loose definition of the word "founder." The Tesla CEO calls himself a PayPal founder; he isn't. He calls himself a Tesla founder; today a court begins hearings over whether he should stop saying that.
Elon Musk posted a lengthy blog entry slamming his CEO predecessor, Martin Eberhard. Ostensibly, Musk is just defending himself against Eberhard's recently-filed lawsuit. But enemies of Musk take note: If Tesla wants to keep Daimler's money, it must keep Musk.
California's liberal millionaires have turned the Tesla Motors waiting list into a thing of wonder. It's thousands of dollars just to sign up. But company bigwigs fetishize their electric vehicle just as irrationally, a lawsuit reveals. Heartening.
When visionaries clash, whose vision do we believe? On newsstands this week, Newsweek's Dan Lyons savages Tesla Motors, the electric-car maker. Tesla was once the brightest hope of Silicon Valley's clean-transportation industry; now on its fourth CEO in less than two years, it's better known for manufacturing…
I confess: I completely missed the Tesla Roadster parked outside when I walked into Joey & Eddie's, the San Francisco watering hole where Valleywag used to hold weekly meetups with readers. But there was no mistaking the guy parked at the bar: It was Elon Musk, the CEO of Tesla Motors. He had driven up to surprise me…
Tesla Motors, Silicon Valley's troubled electric carmaker, is still running on financial fumes, with $9 million or less in the bank. It's been widely misreported that the company has already raised $40 million. In fact, that's the amount it's hoping to raise, in the form of convertible debt, from current investors in…
To anyone familiar with Elon Musk's brief, troubled career as CEO of PayPal, the troubles at Tesla Motors, his electric-car startup, seem all too predictable. As does his spin on his decision to lay off dozens of employees, close Tesla's Detroit office, postpone a new model, and replace Ze'ev Drori as CEO. Musk blames…
Former Tesla Motors CEO Martin Eberhard, who was ousted along with over two dozen other employees after the company failed to meet an expected shipping deadline, will have to wait a bit longer for his own all-electric roadster. That's because a technician got into a fender bender test-driving the sporty coupe.…
Tesla Motors founder Martin Eberhard, who was ousted from the company a month ago, lists the names and titles of 26 Tesla employees he claims have been fired following the installation of new management. The turnover came after the company missed its deadline to ship its first batch of 100 electric sports cars.…
