JPMorgan declares that the warrants diminished in value after Musk’s tweet from August 2018, which stated that Tesla was “funding secured” for going private at $420 per share. The fluctuations that followed affected the stock’s prices until warrants were canceled in the months of June 2021 and in July 2021. debt-to-income debt to income Website debt to income com This was well beyond the strike price and the initial price.

 JPMorgan claimed that changes to reduce the strike price were made after Musk’s tweet in 2018 as well as after Tesla’s 5-for-1 stock split in 2020, however “Tesla has refused to pay the price of the contractual strike.”