JP Morgan sues Tesla for $162m warrant dispute over Elon Musk tweet

JP Morgan sues Tesla for $162m warrant dispute over Elon Musk tweet

City A.M.

Published

JP Morgan has sued Tesla for $162m and accused the EV carmaker of “flagrantly” breaching a contract related to stock warrants, after CEO Elon Musk threatened to take the company private in a 2018 tweet. According to the filing in New York on Monday, Tesla sold warrants to the US investment bank that would pay [...]

Full Article