NEW YORK, Feb 7 (Reuters) - During a JPMorgan Chase conference in Miami, Tesla CEO Elon Musk, appointed by President Donald Trump to lead a significant overhaul of the federal government, shared insights regarding his extensive restructuring efforts, as reported by a source familiar with the matter.
The event, attended by JPMorgan CEO Jamie Dimon and hosted by Mary Erdoes, CEO of the bank's asset and wealth management division, was populated by about 200 of JPMorgan's premier clients, as per the source, who chose to remain anonymous due to the private nature of the gathering.
Musk appeared alongside his mother, Maye Musk, for a discussion moderated by David Rubenstein, co-founder of the Carlyle Group, focusing on various topics, notably the work of the Department of Government Efficiency led by Musk.
The discussion revolved around Musk's agenda, which includes the elimination of entire federal agencies and a significant reduction in federal government jobs.
JPMorgan declined to provide a statement, while responses from Musk and Carlyle were not immediately available upon request.
Dimon disclosed last month that he and Musk, previously engaged in a protracted legal dispute, had reconciled their differences. JPMorgan had initiated legal action against Tesla in 2021, embarking on a protracted conflict partly stemming from Musk's 2018 tweet regarding taking Tesla private, a plan that was later abandoned.
In response, Tesla countersued the bank in 2023, leading both entities to withdraw their legal claims against each other in November.