Elon Musk: US ’past peak inflation’ after Tesla sells 90% of Bitcoin

Cointelegraph

Published Aug 07, 2022 05:14AM ET

Updated Aug 08, 2022 08:40AM ET

Bitcoin (BTC) is in short supply at Tesla (NASDAQ:TSLA), even as its CEO predicts that United States inflation has already peaked.

Speaking at Tesla’s 2022 Annual Meeting of Stockholders on Aug. 5, Elon Musk predicted that an upcoming United States recession would only be “mild to moderate.”

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