By Carlos Lago
Motortrend
After Quantum and Fisker announced they had received proper funding in late October and would proceed with the Detroit Auto Show project, Tesla cancelled its contract under CEO Elon Musk's direction. On April 14, 2008, Tesla filed suit against Fisker, alleging fraud, breach of contract violation of the Uniform Trade Secrets Act, and unfair competition. Fisker and Tesla then entered arbitration.
Tesla now owes Fisker a whopping $1,144,385.03 for attorneys' fees and costs.
