The Short Version
A long-standing corporate tension between Tesla CEO Elon Musk and JPMorgan Chase CEO Jamie Dimon broke into the public domain in November 2021 when JPMorgan filed a $162 million breach-of-contract lawsuit against Tesla concerning stock warrant adjustments. Musk responded publicly by threatening to give the bank a 'one star review on Yelp.' The legal dispute was quietly dropped in late 2024, and in January 2025 Dimon announced the two had 'hugged it out,' later hosting Musk at JPMorgan's headquarter events in June 2026.
Latest Development
Dimon hosts Musk for SpaceX IPO road show event
Jamie Dimon interviewed Elon Musk during an investor event at JPMorgan's headquarters to pitch SpaceX's $75 billion initial public offering to high-net-worth clients, calling Musk the 'Edison of our time.'
June 4, 2026 · Verified event
The Beef
Chronological, newest first. Every entry cites a source.
Beef timeline
June 4, 2026
Dimon hosts Musk for SpaceX IPO road show event
Verified eventJamie Dimon interviewed Elon Musk during an investor event at JPMorgan's headquarters to pitch SpaceX's $75 billion initial public offering to high-net-worth clients, calling Musk the 'Edison of our time.'
Source ↗January 22, 2025
Jamie Dimon announces he and Musk 'hugged it out'
Public statementSpeaking at the World Economic Forum in Davos, Jamie Dimon told CNBC that he and Elon Musk settled their differences after speaking at a conference, praising Musk as 'our Einstein.'
Source ↗November 22, 2021
Musk threatens JPMorgan with a 'one star review on Yelp'
Public statementIn response to JPMorgan's litigation, Musk told the Wall Street Journal that if the bank did not withdraw its lawsuit, he would give JPMorgan 'a one star review on Yelp.'
Source ↗November 15, 2021
JPMorgan sues Tesla for $162.2 million over stock warrants
Legal filingJPMorgan Chase filed a breach-of-contract lawsuit in federal court against Tesla, alleging the electric vehicle maker failed to deliver shares owed after JPMorgan adjusted stock warrant strike prices following Musk's 2018 tweet about taking Tesla private.
Source ↗Date unknown
JPMorgan drops lawsuit against Tesla
Verified eventIn late 2024, JPMorgan Chase agreed to drop its breach-of-contract lawsuit against Tesla, ending the multi-year legal battle over the 2014 stock warrant agreements.
Source ↗
Where It Stands
Resolved. The dispute is resolved. JPMorgan dropped its lawsuit against Tesla in late 2024. Dimon publicly praised Musk as 'our Einstein' and the 'Edison of our time,' and JPMorgan served as an underwriter hosting road show events for SpaceX's June 2026 initial public offering.
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Sources
- 1.SourceDimon hosts Musk for SpaceX IPO road show event · Jun 4, 2026
- 2.SourceJamie Dimon announces he and Musk 'hugged it out' · Jan 22, 2025
- 3.SourceMusk threatens JPMorgan with a 'one star review on Yelp' · Nov 22, 2021
- 4.SourceJPMorgan sues Tesla for $162.2 million over stock warrants · Nov 15, 2021
- 5.SourceJPMorgan drops lawsuit against Tesla ·
Allegations are attributed to the party that made them and are not statements of fact.