Elon Musk, the CEO of Tesla, predicted earlier this week that the demand in China and Europe will decline until the spring of 2024.
Musk responded to a person who asked him how long the recession will endure on Twitter with, “Just guessing, but probably till spring of ’24.”
After Musk claimed it was “a little difficult” for the manufacturer of electric vehicles to generate demand in the face of a faltering global economy, Tesla shares fell on Thursday.
A day after allegations surfaced that the Pentagon was considering sponsoring SpaceX’s Starlink satellite network in the conflict-torn Ukraine, Elon Musk stated on Tuesday that the Pentagon has not provided any funding for SpaceX’s Starlink services.
SpaceX is losing about $20 million a month due to unpaid service and expenses for security precautions for cyberwarfare defence, but Musk stated that “we’ll keep doing it (sigh)”.
No money from the DoD, but many other nations, organisations, and individuals are paying for about 11k/25k terminals, according to Musk.
