JPMorgan Chase CEO Jamie Dimon and Tesla chief Elon Musk, once adversaries in a prolonged legal battle, have settled their differences, the banker told CNBC in an interview on Wednesday.

JPMorgan Chase CEO Jamie Dimon said Wednesday that he and Tesla CEO Elon Musk have “hugged it out” and resolved their differences, after Dimon’s bank sued the tech billionaire’s electric vehicle

Jamie Dimon’s comments follow JPMorgan’s decision late last year to drop a case filed against Tesla in 2021, which had sought $162.2 million plus fees over a dispute regarding stock warrant transactions.

“Elon and I hugged it out,” Dimon said. “He came to one of our conferences. He and I had a nice, long chat. We settled some of our differences.”

JPMorgan Chase (JPM) CEO Jamie Dimon, once embroiled in a legal battle with Tesla’s Elon Musk, said the two have reconciled, praising Musk as a modern-day “Einstein” for his leadership ...

JPMorgan Chase CEO Jamie Dimon said Wednesday that he and Tesla CEO Elon Musk have “hugged it out” and resolved their differences, after Dimon’s bank sued the tech billionaire’s electric ...

Bill Gates says he's on board with Elon Musk's cost-cutting plans for DOGE as long as the U.S. government doesn't lose sight of its value system.

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Musk's planes spent approximately 881 hours in the air in 2024. After the election, the majority of the trips had one destination: Palm Beach, Florida.

Start with a lucrative bonus, add 3% back on restaurants, 1.5% back outside of bonus categories and flexible redemption options, and you have a winner. The card's rewards structure isn't the ...

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