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.

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 ...

"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland, Wednesday. "The guy is our Einstein," the JPMorgan chief said. "I'd like to be helpful to him and his companies as much as we can.

“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.”

The financial giant has disgruntled workforce and has a potential unionization on its hands as it forces staff into the office five days a week.

Jamie Dimon praised Elon Musk as "our Einstein," resolving past legal disputes, while discussing JPMorgan’s acquisition strategies, regulation reforms, and support for tariffs prioritizing national security over inflation.

Jamie Dimon, CEO of JPMorgan Chase, isn't shy about calling it how he sees it. In a wide-ranging interview on Sunday Morning, he spoke about income inequality, the state of the economy and what's broken – and what's not.

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.