Elon Musk says a US recession is ‘inevitable’

Prediction comes amid Tesla plan to lay off 10% of salaried staffElon Musk has warned that a US recession is “more likely than not” as the Tesla chief executive confirmed plans to cut 10% of salaried staff at the electric carmaker over the next three months.The world’s richest man said a recession in the US was inevitable but would most probably come in the short term. Continue reading...