"I'm glad that we could put this behind us and direct all our energy toward making Tesla one of the great car companies of the 21st century," said Musk.
"We can now focus on the most important issue: making electric vehicles successful, something we both are passionate about," said Eberhard.
DETROIT, Sept 21 (Reuters) - Electric car manufacturer Tesla Motors and a former executive have settled a legal dispute that stemmed from the company's early struggles to launch a battery-powered sports car, the company said on Monday.
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On Monday, a Tesla representative said that Eberhard and other principals in the dispute have come to an agreement. The company did not reveal any details of the resolution, except to say that there are now five, rather than two, agreed-upon "founders" of Tesla.
In addition to Eberhard, other founders include current CEO and chief product architect Elon Musk, current chief technology JB Straubel, Marc Tarpenning, and Ian Wright.
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