JPMorgan said that adjustments were made on the strike price following Musk’s tweet in 2018 and again following Tesla split its 5-for-www.resumewritersonline.com resumewritersonline resume writers online Website resume writers online com 1 stock in 2020. However, Tesla refused to settle at the agreed price.
The lawsuit states that Tesla in 2019 claimed JPMorgan’s changes were an “opportunistic attempt to profit of the change in Tesla’s stock volatility.”