Vernon Unsworth had sought $190 million in damages from the tech billionaire.
Musk has apologized for lashing out at Unsworth on Twitter by calling him 'pedo guy' after the diver belittled Musk's efforts to help save the trapped boys.
The company's website shows that an immediate payment of USD 100 is required to reserve an order for the Cybertruck.
The company shares plunged 6.1 per cent following the truck's bumpy launch and several lackluster reviews.
Starting at $39,900, Cybertruck is inspired by "Lotus Esprit S1" from the James Bond film "The Spy Who Loved Me".
An expletive could be heard at the Tesla Design Center and as his assistant laughed nervously, Musk said: 'Well, maybe that was a little too hard.'
The truck will come in three versions with 250 miles, 300 miles and 500 miles of range, respectively.
The Falcon rocket blasted into the morning sky, marking the unprecedented fourth flight of a booster for SpaceX.
The SpaceX founder is being sued for defamation in Los Angeles by a man who helped in the rescue of 12 boys trapped in an underwater cave in Thailand last year.
Tesla CEO makes disclosure in motion to forgo trial, toss suit; billionaire attacked caver involved in Thailand flood rescue
SpaceX is building the 'Starship' (formerly known as the BFR), a fully reusable vehicle designed to take humans and supplies to Mars.
James Anderson from the UK-based investment management firm Ballie Gifford, which holds a 7.5 per cent stake in Tesla, told a German magazine that he 'does not think Elon needs to be CEO'.
According to Tesla's website, one can rent solar power panels or solar roofs for as little as $50 a month and that cost included panel installation, hardware, and ongoing maintenance.
On April 13, 2029, a speck of light will streak across the sky, getting brighter and faster, said Elon Musk.
As of now, there has been no official acknowledgement or explanation to the unfortunate accident from Tesla CEO Elon Musk.