Posted on 11/23/2021 4:46:33 PM PST by aquila48
Tesla (TSLA) - Get Tesla Inc Report CEO Elon Musk and JPMorgan Chase's (JPM) - Get JPMorgan Chase & Co. (JPM) Report CEO Jamie Dimon have always publicly voiced their opinions and when the two are in opposition, you will surely hear about it.
The latest issue of contention is a lawsuit filed by JPMorgan against Tesla for breach of contract. In 2014, Tesla sold warrants to JPMorgan that would pay off if their strike price was below Tesla's share price upon the warrant's expiration in June and July of this year, according to the lawsuit.
Tesla claims that JPMorgan made "unreasonably swift" and "opportunistic" adjustments to the strike price and is refusing to pay the $162 million demanded by JPMorgan.
*****the fun part comes next...
Elon Musk in his inimitable style fired back in a quote to The Wall Street Journal, “If JPM doesn’t withdraw their lawsuit, I will give them a one-star review on Yelp. This is my final warning!”
(Excerpt) Read more at thestreet.com ...
We all know of course just how ethical and above board JPMorgan has always been.(snicker)
Cat fight!
Elon Musk at least makes things.
Bad Yelp review on JPMorgan Chase, that’s going for the jugular Elon!
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