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Elon Musk predicts mild 18-month recession, teases possible share buybacks

Elon Musk predicts mild 18-month recession, teases possible share buybacks

Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021.

Patrick Pleul | Reuters

At the Tesla 2022 shareholders’ meeting on Thursday, investors asked CEO Elon Musk how the company plans to spend its money in coming years, and about his global economic outlook.

Musk joked that “making macroeconomic prognostications is a recipe for disaster” but nonetheless…


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World Lung Cancer Day: ‘Tobacco damages lung tissue, smokers over 50 must get scans’

World Lung Cancer Day: ‘Tobacco damages lung tissue, smokers over 50 must get scans’

Swimmer with no arms becomes first PH triple gold winner in Asean Para Games