'TRENDING DOWN': Musk weighs in on inflation, shares observations as Tesla CEO
is declining, then we would not need to increase our car prices," Musk said during the call. "It’s possible that there could be a slight decrease in car prices, but this is fundamentally dependent on macroeconomic inflation — it’s not something we control."
German Chancellor Olaf Scholz, left, talks to Tesla CEO Elon Musk at the opening of the Tesla factory Berlin Brandenburg in Gruenheide, Germany, on March 22, 2022."If I were to guess — and I would take this with a grain of salt — I think inflation will decline towards the end of this year," he continued. "We are certainly seeing prices of commodities trending lower."
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