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

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.

"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.

"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."

Many Big Tech executives are in attendance at President Donald Trump's inauguration ceremony on Monday, namely one of the incoming president's biggest supporters: Tesla (TSLA) CEO Elon Musk. How are other world leaders viewing a tycoon such as Musk's closeness to the Trump administration,

Donald Trump is not stepping foot in Davos this week but the head of the World Economic Forum says the new president has brought renewed interest in the annual gathering of business and political leaders.

Leaders from around the globe are currently gathering in Davos, Switzerland, for the World Economic Forum's annual multi-day meeting as newly-inaugurated President Trump is beginning his second term.

A leading NGO warned Monday of an emerging “aristocratic oligarchy” with massive political clout and primed to profit from Donald Trump’s presidency,

Move over billionaires. The first trillionaires are on their way.

Chancellor of the Exchequer Rachel Reeves joked about Elon Musk’s online “trolling” of world leaders, in a break from the UK government’s careful efforts to avoid responding to frequent criticism from the close Trump ally.

The vibe in Washington? “Prosperous,” James Fishback, who attended the inauguration activities on Monday and is co-founder of financial firm Azoria Partners, told DD.

Speaking to the press on Monday in Kolkata, vice-captain Axar Patel said he is content with his place in the Indian team and doesn't put pressure on himself by thinking too much about the future. Axar was named vice-captain of the T20I side for a five-match series against England, starting January 22.