‘Elon and I Hugged It Out’: JPMorgan CEO Jamie Dimon Says He Reconciled With Elon Musk After Lawsuits

JPMorgan Chase CEO Jamie Dimon says he no longer has any hard feelings toward Elon Musk after lawsuits between the bank and Musk-led Tesla previously interfered with their relationship.

“He came to one of our conferences, he and I had a nice, long chat,” Dimon said at the World Economic Forum’s annual event in Davos, Switzerland. “We’ve settled some of our differences.”

Dimon told CNBC that “Elon and I have hugged it out,” with the timing of the reconciliation unclear. JPMorgan sued Tesla in 2021 over a dispute over a stock warrant deal. Both companies dropped their claims in November after reaching a settlement agreement.

Related: JPMorgan Shuts Down Internal Message

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