Tesla Deflects JPMorgan’s Bid for Early Win on Warrant Claims

JPMorgan Chase Bank NA will continue to slog through its suit against Tesla Inc. over warrants the bank repriced, after a federal court declined to end the litigation without the presentation of expert testimony and other evidence.

The dispute over the warrants, which JPMorgan adjusted after Tesla CEO Elon Musk tweeted about taking his company private, can’t be resolved at this relatively early stage of the proceedings, Judge Paul G. Gardephe said Thursday for the US District Court for the Southern District of New York.

• JPMorgan sued Tesla in 2021 seeking to redeem stock warrants the bank bought from the ...