Martin Eberhard

Martin Forest Eberhard (born May 15, 1960) is an American engineer and business executive. He co-founded Tesla, Inc. (then Tesla Motors) with Marc Tarpenning, and served as CEO of Tesla until 2008. Eberhard began his career as an electrical engineer at Wyse Technology, where he designed the WY-30 ASCII computer terminal as his first product. Later, Eberhard co-founded and founded start-up companies Network Computing Devices, Inc. (making X Window-based network terminals) and NuvoMedia that created one of the first e-book readers, the Rocket eBook. Eberhard's interest in sports cars, dependence on oil imports, and global warming led him to found Silicon Valley's first automobile company to produce an existing prototype called the AC Propulsion tzero. In 2003 Eberhard co-founded (with Marc Tarpenning), and became the first CEO of, Tesla Motors, an electric car company in San Carlos, California. Eberhard drives the second of Tesla Motors Founder's Series Roadsters cars, which is the first series of the Tesla Roadster (2008). The Tesla Roadster is a battery electric sportscar with 244 miles (393 km) (EPA) range. On November 30, 2007 Tesla released a press release titled "Martin Eberhard, Co-founder of Tesla Motors, to Transition to Advisory Board." Fortune magazine reported in December 2007 that Elon Musk had asked Martin to leave. Musk stated in an interview that it wasn't due to ideological differences, but that he didn't see a role for Eberhard. On January 7, 2008, the New York Times reported that Tesla Motors issued a statement explaining that the co-founder and former chief executive, Martin Eberhard, "has transitioned from the board of directors and executive management of the company to the advisory board". Eberhard noted that while he had signed a non-disparagement agreement with Tesla, "so I must, by contract, be a bit careful about how I word things", he was not happy with the transition. In his since-deleted Tesla Founders Blog, Eberhard criticized Tesla layoffs, which he labeled a "stealth bloodbath". In June 2009, Eberhard brought a lawsuit against Elon Musk for libel, slander, and breach of contract, alleging that Elon Musk pushed him out of the company, publicly disparaged him, and compromised Tesla's financial health. In August 2009, Eberhard dropped the lawsuit for undisclosed reasons. A Tesla spokesperson declined to comment on the change, raising the likelihood of a settlement. In 2010, Martin Eberhard confirmed to Autoblog Green that he was doing work with Volkswagen, but no further details were provided. In September 2016, Eberhard founded stealth-mode startup inEVit in a bid to supply major OEMs with electric drivetrains and power storage solutions. SF Motors (now Seres) acquired inEVit in October 2017. Eberhard served as Chief Innovation Officer until leaving in July 2018.