Elon Musk sees elements of a recession in China and Europe and says that the U.S. Federal Reserve is raising interest rates by too much.
On Tesla's third-quarter earnings call, CEO Elon Musk said the company is not cutting production"in any meaningful way, recession or not recession."Regarding Musk's proposed $44 billion acquisition of Twitter, he said that the company"sort of languished for a long time but has incredible potential.
"SpaceX Chief Engineer Elon Musk takes part in a joint news conference with T-Mobile CEO Mike Sievert at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022.sees elements of a recession in China and Europe and says that the U.S. Federal Reserve is raising interest rates by too much.third-quarter earnings call on Wednesday how his electric car company will fare in a potential recession, the world's wealthiest person expressed little concern.
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