google.com, pub-6867310892380113, DIRECT, f08c47fec0942fa0 ** **
Musk issues ‘final warning’ to JPMorgan                 U.S                 Afghanistan                 Iran                 International                                
Musk issues ‘final warning’ to JPMorgan
Musk issues ‘final warning’ to JPMorgan
2021/11/24-12:21

Musk issues ‘final warning’ to JPMorgan
Tesla CEO Elon Musk © Reuters / Mike Blake

Tesla CEO Elon Musk has threatened to give the US investment banking giant JPMorgan Chase a bad review on the Yelp platform unless the bank withdraws its $162 million lawsuit against him.

If JPM doesn’t withdraw their lawsuit, I will give them a one-star review on Yelp, Musk said in response to requests for comment from The Wall Street Journal. He added: This is my final warning!

The lawsuit centers on a dispute over how JPMorgan re-priced its Tesla warrants as a result of Musk’s notorious 2018 tweet that he was considering taking the carmaker private.

In the complaint, which was filed by the bank in a Manhattan federal court on November 15, JPMorgan accused Tesla of ‘flagrantly’ breaching a contract the two corporate giants agreed to in 2014.

We have provided Tesla multiple opportunities to fulfill its contractual obligations, so it is unfortunate that they have forced this issue into litigation, the bank said in the complaint.

JPMorgan Chase worked on Tesla’s IPO in 2010 as well as several deals in the years that followed, but according to the WSJ, the institution was usually ranked behind rivals like Goldman Sachs and Morgan Stanley.

The newspaper said that in the past decade, JPMorgan has made about $15 million for advising Tesla and working with the electric carmaker on deals. Goldman Sachs made about $90 million in the same period.

According to the journal’s sources, JPMorgan’s consumer bank was once hesitant to back Tesla because it questioned the long-term viability of electric car batteries. But later, the bank executives sought to make a deal with Musk in which Chase Bank would become the primary lender to Tesla buyers at dealerships. Public records collected by the WSJ show that JPMorgan hasn’t done any work with Tesla since 2016.

 

#Elon Musk                #Tesla                #US               
Musk issues ‘final warning’ to JPMorgan
Musk issues ‘final warning’ to JPMorgan
USA
Trump: Anything Europe does to threaten US on trade ‘I’ll just meet it’
Musk issues ‘final warning’ to JPMorgan
USA
Natural gas prices jump 25% as US winter storm approaches
Musk issues ‘final warning’ to JPMorgan
USA
U.S. Bank Stocks Fall As Investors Weigh Credit Card Rate Cap Deadline
Musk issues ‘final warning’ to JPMorgan
USA
Business leaders, political figure call for tech advancement, operational flexibility at Detroit Auto Show
Musk issues ‘final warning’ to JPMorgan
USA
US-EU trade deal in jeopardy over Trump’s new tariffs
Musk issues ‘final warning’ to JPMorgan
USA
Trump Announces Tariffs On 8 Countries Until U.S. Controls Greenland
Musk issues ‘final warning’ to JPMorgan
USA
Trump says Canada should do trade deals with China
Musk issues ‘final warning’ to JPMorgan
USA
US Senate ACA funding talks fizzle as higher premiums for millions take effect for 2026
Musk issues ‘final warning’ to JPMorgan
USA
U.S. approves Nvidia H200 chip exports to China with some conditions
Musk issues ‘final warning’ to JPMorgan
USA
China reports record $1.2 trillion trade surplus for 2025, defying Trump`s tariffs
Musk issues ‘final warning’ to JPMorgan
USA
Trump declares an `economic boom` as Americans continue to worry over prices
Musk issues ‘final warning’ to JPMorgan
USA
Trump`s repeated threats to sue and replace Fed Chair Jerome Powell
Musk issues ‘final warning’ to JPMorgan
USA
Fed`s fight with DOJ could hurt prospects for more interest rate cuts
Musk issues ‘final warning’ to JPMorgan
USA
The `Sell America` market returns after DOJ`s criminal probe of the Fed spooks investors
Musk issues ‘final warning’ to JPMorgan
USA
Stock futures fall after Powell confirms criminal probe into Fed
Musk issues ‘final warning’ to JPMorgan
US
Trump presses reluctant oil executives to pour billions into Venezuela
Musk issues ‘final warning’ to JPMorgan
USA
Mortgage rates in U.S. just fell below 6% for the first time in years
Musk issues ‘final warning’ to JPMorgan
Musk issues ‘final warning’ to JPMorgan
U.S
Afghanistan
Iran
International
Social
Economic
Articles
Athletic
Read
Science
Medical
Interview
Art and Culture
Travel
Musk issues ‘final warning’ to JPMorgan
Musk issues ‘final warning’ to JPMorgan
Musk issues ‘final warning’ to JPMorgan
Musk issues ‘final warning’ to JPMorgan
Musk issues ‘final warning’ to JPMorgan
          
@ 2025 Ansar Press
Musk issues ‘final warning’ to JPMorgan