Elon Musk. Photo: Wikimedia Commons Davis Polk, Quinn Emanuel Face Off in Suit Targeting Tesla Over Warrants, Musk Tweet
The dispute centers in part on a now-infamous August 2018 tweet by Tesla CEO Elon Musk, saying that he had "funding secured" for taking his firm private at $420 per share.
November 16, 2021 at 04:43 PM
3 minute read
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A dispute between JP Morgan Chase and electric car-maker Tesla Inc. over a series of warrant transactions has now pitted Davis Polk & Wardwell and Quinn Emanuel Urquhart & Sullivan against each other in a $162 million suit filed this week in Manhattan federal court.
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