Jamie Dimon and Elon Musk reconcile as JPMorgan CEO vows support for Tesla and SpaceX
news.yahoo.com — January 30, 2025, 01:01 PM UTC
Jamie Dimon, CEO of JPMorgan, announced a reconciliation with Elon Musk, stating they "hugged it out" after a complicated relationship. This follows JPMorgan's lawsuit against Tesla, which was dropped in November 2024. Dimon praised Musk's achievements, calling him "our Einstein" and expressing a desire to support Musk's ventures, including Tesla and SpaceX. This marks a significant shift from their previous legal disputes. Musk remains the richest person in the world, with a net worth of $428 billion. Tesla continues to dominate the automotive industry, despite a decline in production and delivery numbers in 2024.