Elon Musk says recession could last until 2024

"Just guessing, but probably until spring of '24," Elon Musk said on Twitter when a user asked him how long the recession would last.

Reuters
October 21, 2022 / 12:03 PM IST

Elon Musk

Tesla Chief Executive Elon Musk said on Friday he thinks a recession will last until spring of 2024 after earlier raising concerns on demand in China and Europe.

"Just guessing, but probably until spring of '24," Musk said on Twitter when a user asked him how long the recession would last.

Shares of Tesla slid on Thursday, a day after Musk said it was a "little harder" for the electric-vehicle maker to garner demand in the face of a weakening global economy.
Reuters
Tags: #Elon Musk #recession #Tesla #World News
first published: Oct 21, 2022 12:03 pm