JPMorgan sues Tesla for $162m after Elon Musk tweets soured share deal - NewsBreak
By Shannon in Business
Updated 2 years ago
Elon Musk's Tesla has been sued for $162.2m (£120m) by investment banking giant JPMorgan, who accused the electric car company of "flagrantly" breaching a contract related to warrants signed in 2014. A warrant gives the holder the right to buy a company's stock at a set "strike" price and...