"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.

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla.

JPMorgan CEO Jamie Dimon said he and Elon Musk “hugged it out” and put aside nearly a decade of tense interactions thanks to a conversation the pair had at a conference last year.

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,

"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."

Tesla is slated to report quarterly earnings after the bell on Wednesday, with all eyes on whether its rosy 2025 sales growth predictions will remain the same.

SoftBank rose 16.2%, Oracle 14%, ARM 8.88%, MGX 13.79%, Nvidia 3.54% from Jan. 17 to Jan. 24 close - Anadolu Ajansı

Smaller firms struggle to get the finance they need to become greener – but new partnerships between governments and banks could be part of the solution.

Something I think that is just very important is that people take pride in Germany and being German,' Musk said.

The S&P 500 (^GSPC) just capped its best first four trading days under a new president since Ronald Reagan's first week in 1985. The week ahead will bring investors a deluge of news that will put that rally to the test.

Global markets will focus on central bank rate decisions and earnings from US tech giants, alongside major European corporate quarterly results.