Elon Musk Says He Won’t Sell Tesla Stock for 2 Years, Predicts ‘Serious Recession’ in 2023

Started by Epoch-Times-Bot, Dec 23, 2022, 06:30 AM

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Elon Musk Says He Won't Sell Tesla Stock for 2 Years, Predicts 'Serious Recession' in 2023

Elon Musk, the billionaire head of Tesla, Space X, and Twitter, on Thursday predicted a “serious recession” in 2023 and promised not to sell Tesla stock next year “under any circumstances.”
Speaking in a Twitter Spaces audio forum, Musk also assured investors Tesla hadn’t “skipped a beat on execution” since he took over Twitter.
Twitter required an initial period of intense focus to get its “insane … costs under control” to stop it from going “flat bankrupt” next year, Musk said.
“I was still doing Tesla work during that time as well, by the way. And I think really Tesla has really not skipped a beat on execution,” he said. “The Tesla team is doing an incredible job across the board in execution.”...

Source: Elon Musk Says He Won't Sell Tesla Stock for 2 Years, Predicts 'Serious Recession' in 2023

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