A court filing in Manhattan federal court on Monday detailed a years-long dispute, and said “Tesla has flagrantly ignored its clear contractual obligation to pay JPMorgan in full.”
The matter is focused on an array of warrant transactions that occurred between February to March 2018, which required Tesla to give to the investment bank the stock of its company or cash in the event that Tesla shares’ “strike www.smartallabout.com smartallabout smart all about Website smart all about com price” were above a predetermined amount when the warrants expired.