Quantity Bitcoin that Tesla is holding holdings are now few, even as the company's CEO predicts inflation in the United States has peaked.

– CEO

Speaking at the 2022 Annual Shareholders Meeting of on 5/8, predicts that the coming US recession will be "mild to moderate".

Musk on costs: 'The trend is down'

After selling almost all of the $1.5 billion Recently held, Tesla is seeing the emergence of an economic landscape in which risky assets thrive.

During a Q&A session at the Annual Meeting, Musk revealed that the price of Tesla's components for 6 months is gradually getting cheaper, instead of more expensive as before.

According to him, commodity prices tend to decrease, showing that inflation has reached the highest level.

“We have some insight into where prices are heading over time, and what's interesting we're seeing right now is that most parts prices are trending down for 6 months, though not all. but just over half.

This is clearly subject to change, but the trend is down, suggesting that we are past the peak of inflation.”

The post-inflation recovery with commodity prices plunging provides fertile ground for the recovery of risky assets, including . Theoretically, this is due to lower inflation, which means less tightening by the US Federal Reserve, facilitating riskier investments.

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If strength returns to the market and perform better, this trend will be a very painful "capital" for Tesla because the company has already sold most of the volume its profits last month, with a profit of just $64 million.

At the time, Musk added that BTC may return to the company's balance sheet at a later date.

The annual meeting made even more optimistic projections about the macro situation, including that a potential "relatively mild" US recession is and will last about 18 months. Inflation will "fall rapidly," Musk added.

OLDrace get a raise higher in the second half of 2022

Musk's sarcastic comments did not sway crypto commentators and other voices that have bet on the stock's resilience.

Among them was Fundstrat Global Advisors, which noted last week that markets had found a historic half-year low before the Fed stopped tightening through major rate hikes.

As a result, the company predicts the second half of 2022 could see the S&P 500 climb to 4,800 points – beneficial for the crypto market as it remains highly correlated with overall equity market moves. Analyst Thomas (Tom) Lee tweeted:

“It's important to keep in mind: the market knows interest rates are rising, it's a 'shock' that hurts the market. The jobs report on August 5 is not shocking.”

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On the other hand, this week, the world's largest asset manager provided a potential return to . BlackRock, with over $9 trillion in assets, is partnering with the exchange in the United States to bring to customers.

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