State-of-the-art processes cannot achieve rubber/multi-walled carbon nanotube (MWCNT) composites with satisfactory performance by using pristine MWCNTs and conventional processing equipment. In this work, high performance rubber/MWCNT composites featuring a combination of good mechanical properties, electrical and thermal conductivities and damping capacity over a wide temperature range are fabricated based on a well-developed master batch process. It is demonstrated that the MWCNTs are dispersed homogeneously due to the disentanglement induced by well-wetting and shearing, and the elastic-resilience-induced dispersion of the MWCNTs by rubber chains via the novel processing method. To further enhance the efficacy of elastic-resilience-induced dispersion for MWCNTs, a slightly pre-crosslinked network is constructed in the master batch. Consequently, we obtain rubber/MWCNT composites with unprecedented performance by amplifying the reinforcing effect of relatively low MWCNT loading. This work provides a novel insight into the fabrication of high performance functional elastomeric composites with pristine CNTs by taking advantage of the unique elastic resilience of rubber chains as the driving force for the disentanglement of CNTs.