{"id":3709,"date":"2021-11-17T01:36:27","date_gmt":"2021-11-17T00:36:27","guid":{"rendered":"https:\/\/costops.com\/index.php\/2021\/11\/17\/jpmorgan-sues-tesla-for-162m-after-musk-tweets-soured-share-deal\/"},"modified":"2021-11-17T01:36:27","modified_gmt":"2021-11-17T00:36:27","slug":"jpmorgan-sues-tesla-for-162m-after-musk-tweets-soured-share-deal","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/11\/17\/jpmorgan-sues-tesla-for-162m-after-musk-tweets-soured-share-deal\/","title":{"rendered":"JPMorgan sues Tesla for $162m after Musk tweets soured share deal"},"content":{"rendered":"

Investment bank says it lost millions because of tweets by Elon Musk that he might take electric carmaker private<\/p>\n

JPMorgan has sued Tesla for $162.2m, accusing Elon Musk\u2019s electric car company of \u201cflagrantly\u201d breaching a 2014 contract relating to stock trading options that Tesla sold to the bank.<\/p>\n

The options, or warrants, give the holder the right to buy a company\u2019s stock at a set \u201cstrike\u201d price and date. The suit, filed in a Manhattan federal court, centres on a dispute over how JPMorgan repriced its Tesla warrants as a result of Musk\u2019s notorious 2018 tweet<\/a> that he was considering taking the carmaker private.<\/p>\n

Continue reading…<\/a>
\nInvestment bank says it lost millions because of tweets by Elon Musk that he might take electric carmaker private
\nJPMorgan has sued Tesla for $162.2m, accusing Elon Musk\u2019s electric car company of \u201cflagrantly\u201d breaching a 2014 contract relating to stock trading options that Tesla sold to the bank.
\nThe options, or warrants, give the holder the right to buy a company\u2019s stock at a set \u201cstrike\u201d price and date. The suit, filed in a Manhattan federal court, centres on a dispute over how JPMorgan repriced its Tesla warrants as a result of Musk\u2019s notorious 2018 tweet that he was considering taking the carmaker private. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Investment bank says it lost millions because of tweets by Elon Musk that he might take electric carmaker private JPMorgan has sued Tesla for $162.2m, accusing Elon Musk\u2019s electric car company of \u201cflagrantly\u201d breaching a 2014 contract relating to stock trading options that Tesla sold to the bank. The options, or warrants, give the holder …<\/p>\n

JPMorgan sues Tesla for $162m after Musk tweets soured share deal<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":3710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3709"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=3709"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3709\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/3710"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=3709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=3709"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=3709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}