Reported about 16 hours ago
JPMorgan Chase has decided to withdraw a lawsuit against Tesla, initially filed three years ago, which sought $162 million tied to stock warrant transactions. The dismissal, announced through a court filing, means neither party can refile their claims or disclose any settlement agreement. The lawsuit arose after a controversial tweet by Elon Musk regarding taking Tesla private, which JPMorgan argued affected the terms of their financial arrangements.
Source: YAHOO