text: New York alleging breach of a stock warrant agreement that was entered into as part of a convertible notes offering in 2014. In 
  2018, JP Morgan informed Tesla that it had adjusted the strike price based upon Mr. Musk’s August 7, 2018 Twitter post that he 
  was considering taking Tesla private. Tesla disputed JP Morgan’s adjustment as a violation of the parties’ agreement. In 2021, 
  Tesla delivered shares to JP Morgan per the agreement, which they duly accepted. JP Morgan now alleges that it is owed 
  approximately $162 million as the value of additional shares that it claims should have been delivered as a result of the 
  adjustment to the strike price in 2018. On January 24, 2022, Tesla filed multiple counterclaims as part of its answer to the 
  underlying lawsuit, asserting among other points that JP Morgan should have terminated the stock warrant agreement in 2018 
  rather than make an adjustment to the strike price that it should have known would lead to a commercially unreasonable result. 
  Tesla believes that the adjustments made by JP Morgan were neither proper nor commercially reasonable, as required under the 
  stock warrant agreements. JP Morgan filed a motion for judgment on the pleadings, which Tesla opposed, and on September 
  12, 2024, the Court denied JP Morgan’s motion. 