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Elon Musk makes a shocking admission about his plans after Trump's victory

Elon Musk makes a shocking admission about his plans after Trump's victory

Oct 30, 2024 5:05 PM IST

Tesla's CEO revealed his plans following Donald Trump's election victory in November

Elon Musk has made a shocking admission about his plans if Donald Trump is re-elected. Tesla's CEO recently admitted that he was aware that the former president's policies would lead to an economic crash. However, according to the tech billionaire, it's worth it.

NEW YORK, NEW YORK - OCTOBER 27: Elon Musk speaks during a campaign rally for Republican presidential candidate, former U.S. President Donald Trump, at Madison Square Garden on October 27, 2024 in New York City. Trump concluded his campaign weekend in New York City with a guest list of speakers that included his Republican vice presidential candidate, U.S. Senator JD Vance (R-OH), Tesla CEO Elon Musk, UFC CEO Dana White and House Speaker Mike Johnson, among others nine days before election day. Anna Moneymaker/Getty Images/AFP (Photo by Anna Moneymaker / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)(Getty Images via AFP)
NEW YORK, NEW YORK – OCTOBER 27: Elon Musk speaks during a campaign rally for Republican presidential candidate, former U.S. President Donald Trump, at Madison Square Garden on October 27, 2024 in New York City. Trump concluded his campaign weekend in New York City with a guest list of speakers that included his Republican vice presidential candidate, U.S. Senator JD Vance (R-OH), Tesla CEO Elon Musk, UFC CEO Dana White and House Speaker Mike Johnson, among others nine days before election day. Anna Moneymaker/Getty Images/AFP (Photo by Anna Moneymaker / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)(Getty Images via AFP)

Elon Musk makes a shocking admission about his plans after Trump's victory

In response to a tweet from right-wing influencer @FischerKing64 on X, formerly Twitter, the SpaceX founder admitted that markets would initially collapse following the Republican candidate's victory. “Sounds about right,” Musk wrote in response to FischerKing’s claim that an economic crash was part of the plan for a Trump presidency.

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“If Trump succeeds in enforcing mass deportations, coupled with Elon's attacks on the government, laying off people and cutting the deficit, there will initially be a violent overreaction in the economy – that economy is artificially propped up by debt (creating asset bubbles ). suppressed wages (due to illegal immigration),” wrote the influencer, who has 173.5k followers on X.

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“The markets will collapse. But when the storm passes and it becomes clear to everyone that we are on firmer footing, there will be a rapid recovery to a healthier, sustainable economy. History could be made in the next two years,” FischerKing added. The alarming discussion comes just days before the November elections. Musk, who endorsed the former president earlier this year, has been a constant at Trump and Vance's campaign rallies of late.

Throughout his campaign, the Republican nominee has argued that the Biden administration has allowed “illegals,” including “murderers,” into the country. Criticizing his rival party, Trump has promised to carry out mass deportations to combat rising crimes committed by illegal immigrants. However, according to FischerKing's statement, this could lead to a sinking economy, with Trump, aided by Musk, trying to rebuild markets from the rubble.

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