Investors don't listen to Elon Musk on the economy, Tesla bull Gary Black says as he rebukes recession claims

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Investors don't listen to Elon Musk on the economy, Tesla bull Gary Black says as he rebukes recession claims - Business Insider

Quick Summary:

Musk is "viewed as a great engineer, a great product guy, a visionary about climate change...but he's not an economic forecaster," the Future Fund managing partner said Thursday.

"I think he's viewed as a great engineer, a great product guy, a visionary about climate change and accelerating the world's transition to a sustainable world – but he's not an economic forecaster".

"Most people, including myself, believe if we have a recession, it's going to be extremely shallow because the Fed can cut rates any time, and they probably will," Black said.