Tesla's CEO unloaded more than 934,000 shares valued at around $930 million, while also exercising stock options, according to new disclosures
Elon Musk’s wave of Tesla Inc. share sales continued into a second week, with the car maker’s chief executive on Monday unloading more than 934,000 shares valued at around $930 million, while also exercising stock options, according to new disclosures.
Separately, JP Morgan Chase & Co. on Monday filed suit against Tesla alleging breach of contract over stock warrants that came due this year. The financial institution said it was seeking to recover more than $162 million through the case filed Monday in the U.S. District Court for the Southern District of New York.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
JPMorgan sues Tesla for $162 million in warrant dispute related to Musk's tweetsJPMorgan is suing Tesla for $162 million in a warrant dispute related to Elon Musk's 2018 tweets about taking the company private
Baca lebih lajut »
'Big Short' Burry exits bearish bets on Tesla, GoogleFund manager Michael Burry of 'The Big Short' fame exited bearish bets on Tesla Inc , Alphabet Inc's Google, and fund manager Cathie Wood's ARK Innovation fund last quarter, according to SEC filings released on Monday.
Baca lebih lajut »
JPMorgan files $162 million lawsuit against Tesla over warrants, citing Musk tweetJPMorgan Chase filed a lawsuit against Tesla Monday, accusing the electric car firm of 'breach of contract action' over stock warrants following CEO Elon Musk's 2018 tweet that he might take his firm private.Why it matters: JPMorgan alleges the bank and Tesla 'entered a series of warrant transactions, which required Tesla to deliver either shares of its stocks or cash to JPMorgan' if the car company's share price was above the contractual 'strike price' when the warrants expired.Stay on top of t
Baca lebih lajut »
Stocks making the biggest moves in the premarket: Oatly, Tesla, Dollar Tree and moreThe stocks making the biggest moves in premarket trading include Oatly, Tesla, Dollar Tree, and more.
Baca lebih lajut »
Tesla, Dollar Tree, Boeing, Lucid: What to Watch When the Stock Market Opens TodayHere’s what we’re watching before Monday’s opening bell: Tesla, Dollar Tree, Boeing and Lucid
Baca lebih lajut »
Elon Musk Is $50 Billion Poorer Since His Twitter Poll Sent Tesla Stock SpiralingOn Nov. 6, Musk asked Twitter whether he should sell Tesla stock. Since then, shares have plummeted 17%.
Baca lebih lajut »