December 02, 2024
JPMorgan Chase & Co. and Tesla told a New York federal judge on Monday the parties have agreed to voluntarily end JPMorgan's suit alleging Tesla owes it $162 million over expired stock warrants after Tesla CEO Elon Musk mulled taking the company private in an August 2018 tweet.
July 19, 2022
JPMorgan Chase & Co. has urged a New York federal court to give it a quick win in its suit claiming Tesla Inc. owes it $162 million for stock warrants, arguing the court has everything it needs to enter judgment in its favor.
March 01, 2022
Tesla Inc. has blasted JPMorgan Chase & Co.'s proposal to resolve claims based on the pleadings that the electric car company owes the bank $162 million for stock warrants, telling a New York federal judge the proposal relies "heavily on a one-sided view of disputed facts."
January 24, 2022
Not only does Tesla Inc. not owe JPMorgan Chase & Co. $162 million for stock warrants, but the bank purposely misconstrued a 2018 tweet by Elon Musk to rake in a windfall of the electric car company's shares, Tesla told a New York federal court Monday.
November 15, 2021
Tesla Inc. owes JPMorgan Chase Bank NA more than $162 million for stock warrants that expired above the contractual strike price after the electric car company's CEO Elon Musk threatened in a 2018 tweet to take the company private, according to a lawsuit filed Monday in Manhattan federal court.