DOGE Lover Elon Musk Predicts: In The Next 6 Months….

Tesla and SpaceX CEO Elon Musk shared hints that inflation is already at its highest levels. Known for his support of Dogecoin (DOGE), Musk predicts that Tesla’s commodity and component costs will decrease over the next 6 months.

DOGE supporter says inflation sees peak

Speaking at Tesla’s annual shareholders meeting, Elon Musk predicts an impending US recession will only be “mild to moderate.” Tesla announced in its quarterly report that it has sold almost all of its $ 1.5 billion BTC. Now the company is seeing the emergence of exactly the kind of economic environment in which risky markets like cryptocurrencies thrive. During the Q&A at the annual meeting, Musk explained that the 6-month commodity prices for Tesla parts have already become cheaper rather than more expensive.

Musk also says that commodities are on a downtrend and inflation is already at its highest levels. Tesla CEO looks at this picture and adds that inflation has peaked:

We have some kind of insight into where prices are going over time, and the interesting thing we’re seeing right now is that most of our commodities, most of Tesla’s costs – if not all, more than half – are in decline. Prices have been in a downtrend for six months. That could change of course, but the trend is down, which suggests we’re past peak inflation.

Contact us to be instantly informed about the last minute developments. twitterin, Facebookin and InstagramFollow and Telegram and YouTube join our channel

Disclaimer: The articles and articles on do not constitute investment advice. does not recommend buying or selling any cryptocurrencies or digital assets, nor is an investment advisor. For this reason, and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.

Warning: Citing the news content of and quoting by giving a link is subject to the permission of No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of in violation of intellectual property law and relevant legislation.

source site-2