JPMorgan sues Tesla for $162 million after Musk tweets soured warrant deal

JPMorgan sues Tesla for $162 million after Musk tweets soured warrant deal

3 years ago
Anonymous $FNmJglWnLu

https://www.reuters.com/article/tesla-jp-morgan/jpmorgan-sues-tesla-for-162-million-after-musk-tweets-soured-warrant-deal-idUSKBN2I02CW

NEW YORK (Reuters) -JPMorgan Chase & Co has sued Tesla Inc for $162.2 million, accusing Elon Musk's electric car company of "flagrantly" breaching a contract the two corporate giants agreed in 2014 relating to warrants Tesla sold to the bank.