Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in Manhattan in New York City, U.S., April 23, 2024. REUTERS/Mike Segar/File Photo (Reuters) - JPMorgan Chase CEO Jamie Dimon and Tesla chief Elon Musk,

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 have the freedom of speech in Europe and in Germany. Everyone can say what he wants, even if he is a billionaire. And what we do not accept is if this is supporting extreme-right positions," Scholz said in Davos when asked about the incident.

German Chancellor Olaf Scholz offered only an indirect answer when asked about tech billionaire Elon Musk during an appearance at the World Economic Forum in Davos on Tuesday. Musk, who had previously weighed in on German politics to endorse and promote the far-right Alternative for Germany (AfD),