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Tesla received a lawsuit after Elon Musk's tweet

... terms of the contract. Now more than $ 162 million is being demanded from the defendant, excluding legal costs and interest. The lawsuit states that JPMorgan acquired a warrant from Tesla in 2014. It can be realized, but on condition: the price of Tesla shares by the time of its expiration (summer 2021) must be higher than the price specified in the original contract. The bank believes that they have the right to adjust the strike price, since they had significantly reduced it after Elon Musk's tweet ...

Modified: 11.16.2021
court , Tesla , Elon Musk , JPMorgan , shares
Path: РусБанкрот - СМИ
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