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Elon Musk: Recession Will Be Greatly Amplified if the Fed Raises Rates Next Week

Elon Musk: Recession Will Be Greatly Amplified if the Fed Raises Rates Next WeekBillionaire Elon Musk, the CEO of Tesla and Spacex, has warned that the recession will be “greatly amplified” if the Federal Reserve raises interest rates again next week. He added that things will “probably start looking better” in the second quarter of 2024. Tesla CEO Elon Musk on Recession and Fed’s Rate Hikes Tesla CEO […]

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Elon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates Immediately

Elon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates ImmediatelyTesla CEO and Twitter boss Elon Musk has warned of a severe recession in the U.S. The billionaire stressed that the Federal Reserve needs to cut interest rates “immediately,” emphasizing that the Fed is “massively amplifying the probability of a severe recession.” Elon Musk Warns About Severe Recession Tesla CEO and Twitter chief Elon Musk […]

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Tesla CEO Elon Musk Says Recession Could Last Until Spring 2024

Tesla CEO Elon Musk Says Recession Could Last Until Spring 2024Tesla and Spacex CEO Elon Musk expects a global recession to last until the spring of 2024. Musk added that his two companies are in good positions but many others are not. “Recessions do have a silver lining in that companies that shouldn’t exist stop existing,” the Tesla boss said. Elon Musk on Global Recession […]

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Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation

Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks DeflationTesla CEO Elon Musk has warned that a major rate hike by the Federal Reserve risks deflation in the U.S. economy. Musk’s warning followed an analysis by Ark Invest CEO Cathie Wood, who cautioned that “Leading inflation indicators like gold and copper are flagging the risk of deflation.” Elon Musk, Fed Rate Hikes, and Deflation […]

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Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18 Months

Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18 MonthsTesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” the billionaire explained, noting that “inflation is going to drop rapidly.” Elon Musk Explains Why He Thinks […]

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Elon Musk: We’re Approaching a Recession but It’s ‘Actually a Good Thing’

Elon Musk: We’re Approaching a Recession but It’s ‘Actually a Good Thing’Tesla CEO Elon Musk believes the U.S. economy is approaching a recession but he explained why it is “actually a good thing.” Musk has estimated that the upcoming recession will last 12 to 18 months. Elon Musk Discusses U.S. Recession Tesla and Spacex CEO Elon Musk shared his thoughts on the U.S. economy and the […]

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Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’

Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’Tesla and Spacex CEO Elon Musk says that the U.S. economy is probably in a recession and it could be “tough going” for 12 to 18 months. He added: “The honest reason for inflation is that the government printed a zillion more money than it had.” Elon Musk on U.S. Recession and Inflation Elon Musk, […]

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Elon Musk Says Tesla and Spacex See Significant Inflation Pressure — Confirms He Won’t Sell Crypto

Elon Musk Says Tesla and Spacex See Significant Inflation Pressure — Confirms He Won’t Sell CryptoTesla and Spacex CEO Elon Musk has revealed that his two companies are seeing significant inflation pressure in raw materials and logistics. He advised people to own physical things when inflation is high but stressed he will not sell his cryptocurrencies: bitcoin, ether, and dogecoin. Elon Musk Discusses High Inflation The CEO of Tesla and […]

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