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JP Morgan & Tesla Agree to Drop Lawsuits Against Each Other for Contract Relating to Tesla Warrants Sold to JP Morgan in 2014, JP Morgan Sued Tesla in 2021 for $162.2 Million Alleging Tesla Breaching 2014 Tesla Warrants Contract after Contract Became More Valuable Due to 2018 Tweet on Privatization of Tesla by CEO Elon Musk, JP Morgan Had to Readjust Strike Price on Warrants Due to Market Volatility, Tesla Sued JP Morgan in 2023 Accusing the Bank of Gaining a Windfall after Repricing of the Warrants
5th December 2024 | Hong Kong
JP Morgan & Tesla have both agreed to drop their lawsuits against each other for contract relating to Tesla warrants sold to JP Morgan in 2014. In 2021, JP Morgan sued Tesla for $162.2 million alleging Tesla breaching 2014 Tesla warrants contract after the contract became more valuable due to 2018 tweet on privatization of Tesla by CEO Elon Musk. JP Morgan had to readjust the strike price on warrants due to market volatility. In 2023, Tesla sued JP Morgan, accusing the bank of gaining a windfall after repricing of the warrants.
“ JP Morgan & Tesla Agree to Drop Lawsuits Against Each Other for Contract Relating to Tesla Warrants Sold to JP Morgan in 2014, JP Morgan Sued Tesla in 2021 for $162.2 Million Alleging Tesla Breaching 2014 Tesla Warrants Contract after Contract Became More Valuable Due to 2018 Tweet on Privatization of Tesla by CEO Elon Musk, JP Morgan Had to Readjust Strike Price on Warrants Due to Market Volatility, Tesla Sued JP Morgan in 2023 Accusing the Bank of Gaining a Windfall after Repricing of the Warrants “
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JP Morgan & Tesla Agree to Drop Lawsuits Against Each Other for Contract Relating to Tesla Warrants Sold to JP Morgan in 2014, JP Morgan Sued Tesla in 2021 for $162.2 Million Alleging Tesla Breaching 2014 Tesla Warrants Contract after Contract Became More Valuable Due to 2018 Tweet on Privatization of Tesla by CEO Elon Musk, JP Morgan Had to Readjust Strike Price on Warrants Due to Market Volatility, Tesla Sued JP Morgan in 2023 Accusing the Bank of Gaining a Windfall after Repricing of the Warrants
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