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.” On January 7, 2008, Eberhard confirmed that he was no longer employed in Tesla Motors and was only a shareholder in the company. He said he planned to start another company entirely in the green tech field. Eberhard maintained a blog at teslafounders.com that had his version of Tesla's history while he had a lawsuit against Elon Musk for libel until he dropped his lawsuit in August 2009; the blog was deleted afterwards and it is assumed there was a settlement between the parties.