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.

Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.

"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."

JPMorgan CEO Jamie Dimon said he and Elon Musk “hugged it out” and put aside nearly a decade of tense interactions thanks to a conversation the pair had at a conference last year. JPMorgan Chase CEO Jamie Dimon and Tesla CEO Elon Musk apparently hugged out their previous disagreements,

JPMorgan CEO Jamie Dimon gushed about one-time rival Elon Musk on Wednesday, as he revealed that he and the mega Trump ally have made amends in their years-long feud. “The guy is our Einstein,” Dimon told CNBC at the World Economic Forum in Davos,