JPMorgan sues Tesla for $162m over Musk’s ‘funding secured’ tweet

JPMorgan Chase has sued Tesla for $162m, alleging that the automaker failed to make a required payment that was triggered after chief executive Elon Musk’s 2018 announcement that he was considering taking the company private.

In a court filing, JPMorgan said that warrants sold by Tesla had required the bank to adjust its positions after…

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