NEW YORK : JPMorgan Chase will get to review some of Elon Musk's emails as it pursues a lawsuit against Tesla over a bond contract dispute that arose after Musk tweeted he might take his electric car company private.In a Wednesday hearing in Manhattan federal court, U.S. Magistrate Judge Ona Wang gave Tes
NEW YORK : JPMorgan Chase will get to review some of Elon Musk's emails as it pursues a lawsuit against Tesla over a bond contract dispute that arose after Musk tweeted he might take his electric car company private.
The largest U.S. bank says Musk communicated through the SpaceX account about taking Tesla private, an idea Musk floated in August 2018 by tweeting he had"funding secured" for a possible buyout though none was close."SpaceX is not an alter ego of Mr. Musk, but we don't expect there to be any issue getting those documents produced," Goralnik said.
Tesla countersued JPMorgan in January, accusing the bank of seeking a"windfall" when it re-priced the warrants.
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