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.
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
"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences."
The European car market stagnated last year, with EVs taking the grunt of the fall. However, it’s worth looking at the details.
Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla.
Trump's second presidency dominated proceedings at the World Economic Forum amid ominous warnings over the looming threat of trade tariffs and his decision to pull the United States out of the Paris climate agreement.
Tech billionaires, corporations and lobbyists are all seeking close ties to Trump. But crony capitalism and favoritism harm a country and its economic performance.
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
The first trillionaires are on their way. Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, according to Oxfam’s annual inequality report,
China's continuously optimized business environment is boosting its attractiveness among foreign enterprises operating in the country, and they are indicating a higher willingness to increase investments in China, trade promotion officials said on Friday.
High-profile tech billionaires, including Jeff Bezos, Mark Zuckerberg and Elon Musk will sit front and center at President-elect Donald Trump's inauguration.
JPMorgan CEO Jamie Dimon said he and Elon Musk “hugged it out” and put aside nearly a decade of tense interactions thanks to a conversation the pair had at a conference last year.