Jamie Dimon Compliments Elon Musk, Seemingly Ending Yearslong Feud

Business News

Jamie Dimon Compliments Elon Musk, Seemingly Ending Yearslong Feud
BUSINESSTECHNOLOGYFINANCE
  • 📰 Forbes
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 53%

Jamie Dimon, CEO of JPMorgan Chase, expressed admiration for Elon Musk, praising his work at Tesla, SpaceX, and Neuralink. Dimon also stated a desire to support Musk's endeavors and revealed that they had reconciled after a dispute stemming from a legal battle between the bank and Tesla.

Trump’s FBI Director Pick Kash Patel Will Have Confirmation Hearing Next Week—Here’s Why He’s So ControversialJamie Dimon, the billionaire head of the U.S.

Dimon added that he and Musk “hugged it out” and “settled some of our differences,” seemingly concluding a yearslong row stemming from a legal fight between JPMorgan and Tesla.in November it dropped a $162 million lawsuit against Tesla filed in 2021, arguing the bank did not receive Tesla stock warrants the bank believed it was entitled to in the wake of Musk’s infamous 2018 tweet claiming Tesla secured funding to go private. Tesla also dropped its countersuit last year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

BUSINESS TECHNOLOGY FINANCE ELON MUSK JAMIE DIMON

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk Gaming Saga: Is Adrian Dittman Really Musk?Elon Musk Gaming Saga: Is Adrian Dittman Really Musk?A recent gaming stream featuring Elon Musk superfan 'Adrian Dittman' sparked speculation about whether the account is actually run by Elon Musk himself. The stream, hosted by YouTuber Connor, featured Dittman playing Fortnite and answering questions about his gaming habits and opinions. While Dittman denied being Musk, several similarities between his account and Musk's public persona fueled the rumors.
Read more »

Jamie Dimon: From Queens to Wall Street's TopJamie Dimon: From Queens to Wall Street's TopJamie Dimon, the CEO of JPMorgan Chase, discusses his unexpected rise to power, his views on the economy, and his recent health scares.
Read more »

Jamie Dimon Still Skeptical of Bitcoin Despite JPMorgan's InvolvementJamie Dimon Still Skeptical of Bitcoin Despite JPMorgan's InvolvementJamie Dimon, CEO of JPMorgan Chase, expresses his continued skepticism towards Bitcoin, despite the bank's own investments in the cryptocurrency.
Read more »

JPMorgan Chase CEO Jamie Dimon Explains Trump's Victory: 'People Were Angry'JPMorgan Chase CEO Jamie Dimon Explains Trump's Victory: 'People Were Angry'JPMorgan Chase CEO Jamie Dimon outlines the factors he believes contributed to Donald Trump's electoral victory, attributing it to voter frustration with government policies and the perceived lack of economic opportunity for many Americans. Dimon also addresses concerns about income inequality and advocates for policies that promote economic growth and benefit all citizens.
Read more »

JPMorgan CEO Jamie Dimon Explains Trump's Victory and Economic ConcernsJPMorgan CEO Jamie Dimon Explains Trump's Victory and Economic ConcernsJPMorgan Chase CEO Jamie Dimon attributes President-elect Donald Trump's victory to voter frustration with government policies and a desire for pro-growth, pro-business approaches. Dimon also highlights concerns about inflation, government bureaucracy, and a disconnect between policy priorities and outcomes in rural communities.
Read more »

JPMorgan Chase CEO Jamie Dimon Warns of Inflated U.S. Stock MarketJPMorgan Chase CEO Jamie Dimon Warns of Inflated U.S. Stock MarketJPMorgan Chase CEO Jamie Dimon expressed concerns about the inflated U.S. stock market and a more cautious outlook compared to other business leaders. He cited risks from deficit spending, inflation, and geopolitical instability as reasons for his apprehension. Dimon noted that asset prices, including the stock and bond markets, are at historically high levels, requiring favorable outcomes to justify their valuations. He emphasized the need for pro-growth strategies to support market stability but warned about potential negative surprises.
Read more »



Render Time: 2025-02-12 17:01:41