Elon Musk Says U.S. Recession Is ‘Inevitable,’ More Likely In The Near-Term

Topline Tesla CEO and billionaire Elon Musk said the U.S. economy will likely face a recession in the near term in an interview with Bloomberg on Tuesday, echoing concerns raised by several other top business leaders and financial institutions following the Federal Reserve’s recent, steeper-than-expected hike in key interest rates. Key Facts Speaking at the…