Eberhard Lawsuit

1.    Unfortunately, Silicon Valley has had a lot of lawsuits.  Many of the lawsuits are simply business strategies and based upon frivolous claims.

2.    In California, employees may be terminated “at-will” or without cause.  Of course, most companies carefully document why the firing was necessary to avoid lawsuits.

3.    Lawsuits are expensive for all parties.

4.    In high tech, the term founder has always been a fuzzy term.  Sometimes the term means the first people to decide to start the company, other times the term is defined by the group receiving pre-funding stock, and at times the media or the public relations department will decide upon who are the company founders.

5.    Almost all companies in the news end up having an evangelist.  The evangelist may be a true evangelist, a spokesperson or sometimes simply the CEO.  The media emphasizes this person primarily due to repeated access.

6.    Often many key personnel throughout the company do not get much or any public recognition for their contributions.

7.    It is doubtful that Tesla would be in business without Elon Musk and his very significant financial contribution.

8.    After attending many customer events to get a handle on the Roadster progress, I never heard Elon Musk disparage any of the former Tesla employees.

9.    Although the roadster is a great car, GM’s EV1 was the first modern electric vehicle.

10. Martin Eberhard may likely make more money not pursuing this lawsuit.   He will incur costs from his own lawyers.  The lawsuit will also drain the accounts of Tesla, and effectively his share value.

Advertisements

One thought on “Eberhard Lawsuit

  1. Pingback: Eberhard Lawsuit Over « Tesla Owner

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s