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

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.

BERLIN (Reuters) - U.S. billionaire Elon Musk called the chancellor of Germany "Oaf Schitz" on his social media platform X on Tuesday, responding to a video of the leader's comments on free speech at the World Economic Forum in Davos.

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 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.

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

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.

Chancellor of the Exchequer Rachel Reeves joked about Elon Musk’s online “trolling” of world leaders, in a break from the UK government’s careful efforts to avoid responding to frequent criticism from the close Trump ally.

Donald Trump grabbed the spotlight in Davos on Thursday, even if he wasn’t physically there, but other things happened at the annual meeting of world elites in the Swiss ski village. One of his biggest fans on the world stage,

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.