"Jamie Dimon Reconciles with Elon Musk After Lawsuits" (Communities - News & Events)
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Item ID 3091117 in Category: Communities - News & Events
"Jamie Dimon Reconciles with Elon Musk After Lawsuits" | |
“I had asked Jamie Dimon at one point about getting a Tesla motor vehicle lease line,” Musk reportedly said while testifying in an unrelated 2023 lawsuit, according to the Journal. “I withdrew all commercial banking business from JPMorgan, which made JPMorgan hate Tesla and me pretty intense.” The two had significant controversy in 2021 when JPMorgan filed a suit demanding that Tesla send $162 million in funds to the bank for trade assistance it provided in 2014, according to the Journal. Tesla then filed a counterclaim, and the suit escalated. However, in December 2024, Tesla said it would dismiss its countersuit, and JPMorgan agreed to drop the action as well. According to Reuters, the terms of the agreement were not disclosed. “JPMorgan and Tesla have chosen to start a fresh relationship and resolve the pending disputes between the two firms,” said a JPMorgan spokesperson cited by Reuters in December last year.  | |
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| Target State: Maharashtra Target City : Nagpur Last Update : 10 February 2025 11:51 AM Number of Views: 8 | Item Owner : TheceoDialogs Contact Email: Contact Phone: 9315895421 |
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2025-02-23 (0.385 sec)