Donald Trump and Elon Musk loom large over this year's World Economic Forum in Davos.

I would prefer to stay out of politics,” Elon Musk told his followers in 2021, on the platform then known as Twitter. Plenty has changed since then. The world’s richest man appears to have a new goal: upending Europe.

There is a buzzword at the annual meeting of the world's elites in the Swiss luxury resort of Davos: tariffs, although artificial intelligence has been another big theme.

Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.

U.S. Secretary of State Marco Rubio spoke with Israeli Prime Minister Benjamin Netanyahu on Wednesday to reiterate Washington's support for its ally, and the two also discussed Iran and Israeli hostages in Gaza, the State Department said.

Jamie Dimon’s comments follow JPMorgan’s decision late last year to drop a case filed against Tesla in 2021, which had sought $162.2 million plus fees over a dispute regarding stock warrant transactions.

Elon Musk’s gesture at a Trump rally during Trump’s inauguration festivities has sparked a major backlash. Joy Reid and her panel discuss.

Elon Musk doubts President Donald Trump’s new infrastructure plan for artificial intelligence, stating that the tech companies involved do not have the promised $500 billion for the project.

Argentina’s President uses second address to World Economic Forum to slam his critics and “the mental virus of the woke ideology,” saying it has “colonised the most important institutions in the world.

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.

America’s political allies may be fretting about headwinds from the new U.S. administration, but for the U.S. financial types here at Davos the news just keeps getting better.