Ex-Tesla Execs Win Reinstatement Of Contract Claims

Law360, New York (May 6, 2011, 8:05 PM EDT) -- A California appeals court on Thursday dismissed the defamation claims of two Tesla Motors Inc. executives fired in a round of layoffs in 2008 but reinstated claims that the electric-car maker breached a stock options agreement.

Statements Tesla made about a group of 26 fired employees were clearly opinion, not fact, and did not name former Director of Communications David Vespremi and former Chief Information Officer Gene Glaudell directly, entitling the company to free speech protections, the appeals court ruled.

Vespremi and Glaudell joined Tesla in...
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