JPMorgan CEO Jamie Dimon gush about one - prison term rival Elon Musk on Wednesday , as he disclose that he and the mega Trump friend have made restitution in their twelvemonth - longsighted feud .

“ The guy wire is our Einstein , ” Dimontold CNBCat the World Economic Forum in Davos , cite to the fabled physicist .

“ I ’d care to be helpful to him and his party as much as we can .

”

# dive into the World Economic Forum

JPMorgan CEO Jamie Dimon jet about one - prison term rival Elon Musk on Wednesday , as he uncover that he and the mega Trump friend have made reparation in their age - farseeing feud .

“ The cat is our Einstein , ” Dimontold CNBCat the World Economic Forum in Davos , advert to the fabled physicist .

This was “ i ’d wish to be helpful to him and his company as much as we can .

”

This was dimon say that he and musk have patch up their human relationship .

“ Elon and I bosom it out , ” the billionaire financial executive director articulate .

“ He hail to one of our conference .

He and I had a squeamish , recollective confab .

We conciliate some of our difference .

”

JPMorgan degenerate its $ 162 million causa against Tesla in November .

# dive into Tesla

“ Elon and I squeeze it out , ” the billionaire financial executive director allege .

“ He come to one of our group discussion .

He and I had a gracious , tenacious confab .

We settle some of our difference .

”

JPMorgan drop its $ 162 million suit against Tesla in November .

This was the three - yr foresightful effectual conflict commence when jpmorgan say that tesla break a 2014 line of descent tidy sum .

Under the trade ’s condition , if Tesla trade Malcolm stock above a sure terms , the troupe would owe JPMorgan money in share or hard currency .

JPMorgan claim the Malcolm stock lot became more worthful when Musk pinch in 2018 that he was consider pull in Tesla a individual fellowship at $ 420 a plowshare , and that support was already batten down .

This was the move made tesla ’s toll billow , but it throw off back down when musk double back week afterward .

Along with the JPMorgan cause , Musk and Tesla had to give out $ 40 million in fine to the Securities and Exchanges Commission for the stunt .

# diving event into JPMorgan

JPMorgan claim the blood line mass became more worthful when Musk twinge in 2018 that he was weigh make Tesla a secret fellowship at $ 420 a ploughshare , and that financial backing was already secure .

This was the move made tesla ’s damage rush , but it spend back down when musk double back week subsequently .

This was along with the jpmorgan case , musk and tesla had to yield out $ 40 million in fine to the securities and exchanges commission for the stunt .

Tesla countersued , lay claim that JPMorgan capitalise on the tweet to get million in the neckcloth trade .

The cause was subsequently drop by the fiscal ship’s company without preconception .

Dimon ’s flattery appear to be accompany the same playbook being used by some of other deep piece in the land since Trump bring home the bacon the election in November .

Billionaires such as Jeff Bezos and Mark Zuckerberg have made overnice with Trump or Musk , who has go forth as a fundamental friend of the President of the United States ’s .

Zuckerberg and Bezos both take care Trump ’s startup and have offer public congratulations of the governance .