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Musk on the economy: “I’m not saying things will be bad. I’m just saying they might be."

Musk on the economy: “I’m not saying things will be bad. I’m just saying they might be.
Tesla CEO Elon Musk spoke on the firm's earnings call with some remarks on the economy.This snippet is worth reproducing in full, it's a bit micro but there are a lot of micro factors like this right now hitting the macroeconomy:“I just can’t emphasize this enough that for the vast majority of people buying a car is about the monthly payment. And as interest rates rise, the proportion of that monthly payment that is interest increases naturally. So, if interest rates remain high or if they go ev... Read More
Posted: Oct 19 2023, 22:37
Author Name: forexlive
Views: 112254

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