Elon Musk JUST WARNED US For A Horrific Recession!

Elon Musk JUST WARNED US For A Horrific Recession!

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Tesla CEO #ElonMusk "very bad feeling" about the #economy might be the "canary in the coal mine" moment for the #autoindustry, signaling a recession for an industry whose executives have shown no symptoms of anxiety. Hello everyone and welcome to the Elon Musk Rewind, don’t forget to subscribe to this channel and press the bell icon to never miss an update on anything related to the multi-talented influential tech icon Elon Musk! Having said that, let’s get into the video!

Musk's warning is the first loud and vocal dissent in the auto industry's unanimous stance that underlying demand for cars and trucks remains strong despite the two-year worldwide slump. This week, one CEO described demand as "sky high." In an email to executives obtained by Reuters, Musk stated that the electric carmaker needs to eliminate approximately 10% of its employees. He later warned employees that white-collar ranks were overcrowded and that he would continue to hire people to build vehicles and batteries.

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