JPMorgan sues Tesla for $162m after Musk tweets soured share deal

JPMorgan sues Tesla for $162m after Musk tweets soured share deal

3 years ago
Anonymous $FNmJglWnLu

https://www.theguardian.com/technology/2021/nov/17/jpmorgan-sues-tesla-for-162m-after-musk-tweets-soured-share-deal

Investment bank says it lost millions because of tweets by Elon Musk that he might take electric carmaker private

JPMorgan has sued Tesla for $162.2m, accusing Elon Musk’s electric car company of “flagrantly” breaching a 2014 contract relating to stock trading options that Tesla sold to the bank.

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