The global economy is in for a difficult year, many companies will go bankrupt, according to the head of the American automaker Tesla Elon Musk, quoted by MarketWatch.
"Tough 12 months ahead, and Tesla is not immune to the global economic environment," - he said during a meeting of shareholders of the company.
According to the businessman, the macroeconomic situation will be difficult for at least 12 months, but in the next 12 months there will be a reversal, and long-term investors in Tesla will be "extremely good."
In addition, the company plans to introduce two new products that will be "head and shoulders above everything else" in the market, and will try to start using traditional advertising methods, which it has previously avoided.
Musk also confirmed that the sale of Cybertruck pickups will begin this year. At the same time, he dismissed rumors that he was stepping down as CEO.
Tesla shares rose 1.2% in additional trading on Tuesday. Since the beginning of the year, the company's capitalization has grown by 35.2%.