JPMorgan Drops Lawsuit Against Tesla Over Stock Warrants

The filing did not provide details about any settlement terms, leaving it unclear whether Tesla paid JPMorgan or the parties agreed to other terms.
JPMorgan Drops Lawsuit Against Tesla Over Stock Warrants
A sign hangs on One Chase Plaza in lower Manhattan, New York City, on Oct. 14, 2014. Spencer Platt/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

JPMorgan Chase has voluntarily dismissed its lawsuit against Tesla, bringing an end to the nearly three-year legal battle over a series of stock warrants and Elon Musk’s infamous 2018 post on Twitter, now X, about taking Tesla private.

The stipulation of voluntary dismissal was entered on Nov. 29 at the U.S. District Court for the Southern District of New York and signed by attorneys for both parties. The case has been dismissed with prejudice, meaning that JPMorgan can’t refile the lawsuit.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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