JPMorgan says Tesla owes the bank $162 million
The Verge
NOVEMBER 15, 2021
JPMorgan has sued Tesla, claiming that the electric car company owes the bank $162 million related to a 2014 stock warrant agreement. Stock warrants give the buyer (JPMorgan, in this case) a right to purchase shares in a company (Tesla) at a set price within a certain window of time. Illustration by Alex Castro / The Verge.
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