JPMorgan Sues Tesla for US$162 million over unpaid warrants

November 16, 2021 10:36 AM

NEW YORK (BLOOMBERG) – JPMorgan Chase & Co. sued Tesla Inc. seeking a US$162 million payment for warrants that expired above their strike price, which had been muddied by Elon Musk’s tweet in 2018 threatening to take the company private.

Source : http://www.straitstimes.com/business/companies-markets/jpmorgan-sues-tesla-for-us162-million-over-unpaid-warrants