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

"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences."

Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla.

How much road tax must be paid to drive an electric car in Switzerland varies significantly depending on the canton. It can also change with little warning, reported SRF this week. Photo by David V

The European car market stagnated last year, with EVs taking the grunt of the fall. However, it’s worth looking at the details.

The days of never-ending growth are over. Tesla was only able to increase turnover by one per cent last year - and only thanks to its growing energy business.

Tesla Inc. disappointed investors on Thursday, reporting sales of 495,570 electric vehicles in the fourth quarter and of 1.789 million for all of 2024, falling slightly short of Wall Street ...

Trump's second presidency dominated proceedings at the World Economic Forum amid ominous warnings over the looming threat of trade tariffs and his decision to pull the United States out of the Paris climate agreement.

Tech billionaires, corporations and lobbyists are all seeking close ties to Trump. But crony capitalism and favoritism harm a country and its economic performance.

High-profile tech billionaires, including Jeff Bezos, Mark Zuckerberg and Elon Musk will sit front and center at President-elect Donald Trump's inauguration.

I would prefer to stay out of politics,” Elon Musk told his followers in 2021, on the platform then known as Twitter. Plenty has changed since then. The world’s richest man appears to have a new goal: upending Europe.

US President Donald Trump stages a virtual appearance Thursday at the World Economic Forum in Davos, Switzerland, where he will deliver his first major speech, via video link, to global business