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Jamie Dimon and Elon Musk Reconcile After Years of Conflict

The JPMorgan Chase CEO praised Musk as 'our Einstein' and expressed a desire to support his companies after resolving their longstanding legal and personal disputes.

  • Jamie Dimon revealed that he and Elon Musk have 'hugged it out' and settled their differences during a conversation at a JPMorgan conference in March 2024.
  • Dimon described Musk as 'our Einstein,' praising his work at Tesla, SpaceX, and Neuralink, and expressed willingness to support Musk and his companies moving forward.
  • The reconciliation follows years of tension, including a 2021 lawsuit where JPMorgan sued Tesla for $162 million over a stock warrant dispute, which was dropped in late 2024 after a settlement.
  • Musk now plays a significant role in President Donald Trump's administration as head of the Department of Government Efficiency (DOGE), focused on modernizing federal systems and reducing inefficiencies.
  • Dimon expressed support for Musk's government role, emphasizing the need for accountability and efficiency in federal operations.
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