Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Elon Musk Reveals Identity of Person Who Came Close to 'Killing Tesla'

Elon Musk Reveals Identity of Person Who Came Close to 'Killing Tesla'

The CEO of the world’s most valuable carmaker said that he is considering creating a podcast to explain what happened at Tesla in the early days of the company. His statement comes several months after the release of the book “Power Play: Tesla, Elon Musk and the Bet of the Century”, which Musk called both “false and boring”.

Elon Musk has revealed the identity of the person who the tech maverick claims came close to "killing Tesla". In a Twitter post, Musk blasted Martin Eberhard, former CEO of the electric vehicle company, saying he wished he had never met him.

"Eberhard is by far the worst person I’ve ever worked with in my entire career. Given how many people I’ve worked with over the years, that’s really saying something", Musk wrote.

He claimed that the Silicon Valley investor and entrepreneur almost destroyed Tesla due to bad management decisions and layoffs of talented people. Musk also accused him of a major blunder and an elaborate deception about the true cost and schedule of the Tesla Roadster.

Martin Eberhard co-founded Tesla with Marc Tarpenning in 2003 and is said to have played an active role in the company’s early development prior to Elon Musk’s involvement. Eberhard left the company in 2007 amid uncertain circumstances.

First, he was demoted from CEO, a decision that was made by Tesla’s board of directors, led by Elon Musk. Back then, the company said that Eberhard had been asked to transition "from the board of directors and executive management of the company to the advisory board". That same year he left the company, signing a non-disparagement agreement.

In 2009, he filed a lawsuit against Elon Musk claiming the entrepreneur had pushed him out of the company, publicly disparaged him, and compromised Tesla’s financial situation. The case was settled out of court with both men receiving permission to call themselves co-founders of the company, according to Fox News.

Back in 2007, when Eberhard left Tesla, Musk said his departure was not due to ideological reasons, but because the board did not see a role for Eberhard. It seems that now, Mr Musk has changed his position.

"Once the board was presented with the evidence of Eberhard’s deception/fraud & the dire state of the company, all board members, including those he appointed, voted unanimously to fire him in August 2007", Musk wrote.


Martin Eberhard called Musk’s comments a violation of Tesla’s mutual non-disparagement agreement. "Despite his breaches of contract, I will refrain from doing the same", he told Business Insider.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Bruce Willis Relocated Due to Advanced Dementia
French and Korean Nuclear Majors Clash As EU Launches Foreign Subsidy Probe
EU Stands Firm on Digital Rules as Trump Warns of Retaliation
Getting Ready for the 3rd Time in Its History, Germany Approves Voluntary Military Service for Teenagers
Denmark Confronts U.S. Diplomat Over Covert Trump-Linked Influence in Greenland
Trump Demands RICO Charges Against George Soros and Son for Funding Violent Protests
Taylor Swift Announces Engagement to NFL Star Travis Kelce
France May Need IMF Bailout, Warns Finance Minister
After the Shock of Defeat, Iranians Yearn for Change
Ukraine Finally Allows Young Men Aged Eighteen to Twenty-Two to Leave the Country
The Porn Remains, Privacy Disappears: How Britain Broke the Internet in Ten Days
YouTube Altered Content by Artificial Intelligence – Without Permission
Ukrainian Refugee Iryna Zarutska Fled War To US, Stabbed To Death
Elon Musk Sues Apple and OpenAI Over Alleged App Store Monopoly
German Chancellor Friedrich Merz: “The Current Welfare State Can No Longer Be Financed”
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dutch Foreign Minister Resigns Amid Deadlock Over Israel Sanctions
Trump and Allies Send Messages of Support to Ukraine on Independence Day Amid Ongoing Conflict
China Reels as Telegram Chat Group Shares Hidden-Camera Footage of Women and Children
MotoGP Cameraman Narrowly Avoids Pedro Acosta Crash at Hungarian Grand Prix
Wizz Air passengers screamed as storm-battered flight diverts to Bologna
European postal services halt U.S. deliveries after Trump imposes new tariffs
Urban explorer finds abandoned luxury restaurant left to decay
Fidesz leader labels Péter Magyar a ‘bluffer’ amid escalating political spat
French rope park operator arrested for denying entry to Israeli children
Újpest thrashes Zalaegerszeg 4-1 to secure first win in five matches
Profit-margin cap costs retailers 13 billion forints a month, warns trade group
Curiosity rover finds coral-like rock on Mars hinting at watery past
U.S. green policy rollback drives investors to Europe’s sustainable finance market
Special funerals rise in Hungary: boat, aerial and forest burials gain popularity
Hungary’s Kiskunság region turning into semi-desert after extreme drought
Kopasz Bálint wins world kayak 1000 m title in Milan, making him triple world champion
Budapest’s Keleti railway station to close for four weeks for track overhaul
Balaton could be unfit for swimming by 2035 and dry by 2050, scientists warn
Leaked guidelines show Meta’s AI allowed flirty and racist interactions with children
Filming of ‘Emily in Paris’ halted after assistant director dies on set
Filipino guest workers sue after Hungary moves to deport them for pregnancy
Ukraine Declares De Facto War on Hungary and Slovakia with Terror Drone Strikes on Their Gas Lifeline
A monster hit and a billion-dollar toy empire
Animated K-pop Musical ‘KPop Demon Hunters’ Becomes Netflix’s Most-Watched Original Animated Film
Canada: Nurse Suspended and Fined 93 Thousand Dollars After Stating the World’s Most Well-Known Fact Since the Creation of Adam and Eve, That There Are Only Two Genders
Elon Musk tweeted, “Europe is dying”
Far-Right Activist Convicted of Incitement Changes Gender and Demands: "Send Me to a Women’s Prison" | The Storm in Germany
Hungary Criticizes Ukraine: "Violating Our Sovereignty"
Will this be the first country to return to negative interest rates?
U.S. Treasury Secretary Whitney Bessent Backs Stablecoins to Boost Treasury Demand
Spain to Declare Disaster Zones After Massive Wildfires
Three-Minute Battery Swap Touted as Future of EVs
Beijing Military Parade to Showcase Weapons Advances
×