Monday’s Manhattan federal court filing described the long-running dispute, and said that “Tesla has blatantly www.we-love-home.com we-love-home we love home Website we love home com violated its contract obligation to pay in full JPMorgan.”
The case is centered around the warrant transactions Tesla completed between February 2018 between February 2018 and March 2018. The warrants required Tesla to exchange the shares of its investment bank to its stock or cash in the event that Tesla’s “strike prices” exceeded a certain amount prior to the expiration of the warrants.