Jamie Dimon, CEO of JPMorgan, has confirmed that he and Elon Musk have reconciled, with Dimon mentioning, "Elon and I hugged it out." JPMorgan has withdrawn a $162 million lawsuit against Tesla, originally filed in 2021 regarding a stock warrant disagreement. During an interview at the World Economic Forum, Dimon likened Musk to Albert Einstein, referring to him as 'our Einstein.' Musk is currently heading the recently established Department of Government Efficiency, with a primary focus on reducing federal spending.