The company was sued last week by the bank.
It is unfortunate that they have forced this issue into litigation because we have provided multiple opportunities for them to fulfill their contractual obligations.
In the most Musk way imaginable, Musk is beefing with the bank.
Musk told The Wall Street Journal that he would give JPM a one-star review if they didn't withdraw their lawsuit. This is my last warning.
There is secured funding.
Making enemies of banks is risky. Thanks to its record-breaking value, the electric car isn't hard to find banks to cooperate with.
Musk may be calling the bluff of the bank.
The lawsuit is connected to Musk's false claim in his last statement that he had secured funding for $420 a share.
The eventual sale ofTesla never materialized as a result of the bet by JP Morgan.
Fast and loose.
The CEO isn't quaking in his boots despite Musk's remarks to the WSJ. Alex Spiro, the attorney who helped Musk wriggle out of a defamation lawsuit after he called a British cave explorer a pedo, will be representing Musk.
In the third quarter of this year, expectations for the company are so high that it is in a strong position.
The US Securities and Exchange Commission sued Musk in the fall of 2018, after he made comments that were deemed to be false.
It is not certain whether the lawyers will be able to make a strong enough case.
The Wall Street Journal has a story about Jamie Dimon and the Musk Feud.
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