Legal Dispute With Tesla Motors
On April 14, 2008, Tesla Motors filed a lawsuit against Fisker Automotive, alleging they stole Tesla's technology and are using it to develop their own hybrid car, the Fisker Karma, which was announced at the North American International Auto Show in January 2008. Tesla's suit claims that the design work done for the Model S by Fisker Coachbuild was substandard, and that Fisker diverted its best ideas to the Karma.
In early 2009 the suit was settled in Fisker's favor and Tesla was ordered to pay Fisker more than $1.1 million in legal fees.
Read more about this topic: Fisker Automotive
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