"Why I SOLD..." Elon Musk On Crypto, Recession, Twitter Purchase & The Current Economic Crisis

"Why I SOLD..." Elon Musk On Crypto, Recession, Twitter Purchase & The Current Economic Crisis

Elon Musk Warned US that a recession was coming and he believes it’s going to get much worse before it gets any better.

If you recall, Elon Musk began selling off Tesla stock and sounding the alarm bells for a recession in November of last year, he then followed this up with further Tesla stock sales in 2022 and the selling of Bitcoin in July. Now, come quarter 4, it turns out Elon predicted the entire sell-off.

I guess you don’t become the richest man in the world without having a deep understanding of macroeconomic cycles and the flow of money. In his last interview on the topic, Elon speaks on how long he expects this collapse to play out and also his view on inflation fears.

Make sure to stick around to the end of the video, where in his latest interview, Elon speaks on his purchase of twitter in this state of the market, why he chose to lay off half of the staff and his plans to build it into the most valuable financial institution in the world, a masterplan he had from back in his PayPal days.

Elon Musk, in his latest interview, discusses the market crash, how he predicted the recession last year and how he sees the correction playing out. This follows the crash in equity and stock markets, as well as Bitcoin, Etheruem and Crypto Markets.

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