Elon Musk says "bankruptcies need to happen" as he predicts recession

Elon Musk says recession a good thing as it's been 'raining money' for too long

The billionaire thinks current financial conditions will hurt 'foolish' business owners who deserve to go bankrupt.

Elon Musk Says He Welcomes Recession So Money Stops 'Raining' Down On 'Fools'

Lucrative tax breaks and government loan money have definitely rained down on Musk.

Elon Musk welcomes global recession: ‘it’s been raining money on fools for too long’ | Andrew Lawrence

The billionaire has received loans and tax breaks to help keep Tesla afloat, now he says other companies should go bankrupt for the good of the economy

Elon Musk Says Recession "A Good Thing", Predicts How Long It Will Last

Billionaire Elon Musk, who previously predicted an economic recession, has claimed that it is actually a good thing, a necessary "rude awakening" after a lax attitude from the COVID-19 pandemic.

Elon Musk welcomes an economic recession in US

Elon Musk, the CEO of Tesla and prospective owner of Twitter, said that a recession would be good for the U.S. economy and that bankruptcies need to happen.

Elon Musk: Recession Will Be Good Thing, COVID Tricked People Into Thinking They Don't Need to Work

Tesla CEO and billionaire Elon Musk foresees an economic recession in the near future, saying it will be a “good thing.” Musk shared his opinions via Twitter when another user asked