Elon Musk Seems Totally Unbothered by JPMorgan Lawsuit

Cassie Douglas

November 17, 2021
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We can smell a hot cup of tea brewing from a mile away, and today’s cup is HOT. It was recently reported that JPMorgan Chase is suing Elon Musk’s multi-billion dollar company Tesla for a whopping $162.2 million, supposedly for breaching stock contracts. While losing that kind of money is enough to make any of us sick, Musk doesn’t seem even the slightest bit bothered–at least it looks that way from his social media.

Instead of responding to the lawsuit or press queries regarding the matter, he has been posting unrelated content as recently as today on his Twitter, mainly about SpaceX.

With a net worth of over $250 billion, now surpassing Jeff Bezo’s by over $50 billion, we kind of understand Musk’s nonchalant response, that said, it could be that he’s perhaps decided not to post company details so publicly. It’s his past Twitter tweets that have provoked the lawsuit to begin with.

According to news sources, his notorious 2018 tweet about potentially taking Tesla private is the main offender in question.

Since the time of the tweet, Tesla’s stocks–and the shares of which JPMorgan claims to have–have risen substantially. JPMorgan is alleging that Tesla still owes it 228,775 shares, which amounts to what’s named in the lawsuit–$162.2 million.

While we’re waiting for the fine details to unfold, if there’s something we can take away from this in the meantime it’s to keep a closer eye on Musk’s social media, you never know when he’s going to set the example of what not to say when you’re a big business owner–or rather, how not to be too bothered by such things.

Cassie Douglas
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As an award-winning photographer, self-published author, journalist, businesswoman and social media guru, Cassie Douglas’ creativity bleeds into every aspect of her life. Though she’s based in Tampa, Florida, she works with clients all over the world to provide social media and public relations services. As an entrepreneur, she identifies with ICON REFINED’S mission to create a network and platform specifically for business and fitness-savvy individuals.