The company is pausing 'all hiring worldwide.'
Musk also argued last week that the world is"It has been raining money on fools for too long," heAnalysts, however, aren't quite convinced that Musk is right.
"Musk’s bad feeling is shared by many people," Carsten Brzeski, global head of macroeconomic research at Dutch bank ING, told. "But we are not talking about global recession. We expect a cooling of the global economy towards the end of the year."
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