Tesla Inc. countersued JPMorgan Chase & Co. on Monday, intensifying a dispute over the payout for a bond sale the bank helped arrange in 2014. JPMorgan JPM, +1.09% started the fight with a lawsuit in November, claiming it was owed around $162 million more for a set of warrants it had acquired as part of the bond sale. Tesla TSLA, -1.25% on Monday said the bank wasn’t entitled to the billions of dollars in stock it got last year from those warrants.

Source: Wall Street Journal January 25, 2022 00:48 UTC