JPMorgan sues Tesla over $162 Million
In dispute over Elon Musk’s tweets from 2018. JPMorgan Chase & Co. JPM, -0.18% on Monday, filed suit against Tesla TSLA, -1.94%, seeking to recover $162.2 million and the electric vehicle company of breach of contract in connection with warrant www.enjoy-the-life-baby.com enjoy-the-life-baby enjoy the life baby Website enjoy the life baby com transactions for which JPMorgan asserts Tesla did not pay.
A filing in Manhattan federal court dated Monday detailed a long-running dispute and stated that “Tesla has flagrantly ignored its explicit contractual obligation to repay JPMorgan in complete.”