Tesla (TSLA) is being sued for $162M by JPMorgan as Musk’s ‘funding secured’ tweet still haunts them
November 16, 2021
New court filings revealed that Tesla is currently fighting a $162 million lawsuit from JPMorgan over some expired warrants that the bank claims were affected by Elon Musk’s “funding secured” tweet in 2018.
Even three years later, Musk’s failed attempt to bring Tesla private that started with a tweet that announced that the funding for the transaction was “secured” is still haunting…