Tesla CEO Elon Musk has said a recession is “inevitable at some point” and is most likely to happen in the near future, contradicting remarks by Biden administration officials who remain insistent that an economic downturn is not on the cards.
“A recession is inevitable at some point. As to whether there is a recession in the near term, that is more likely than not,” Musk said in an interview with Bloomberg News Editor-in-Chief John Micklethwait at the Qatar Economic Forum in Doha on Tuesday.
