When Elon Musk said recession is a good thing and that 'some bankruptcies need to happen'

Elon Musk's past endorsement of recessions as a necessary economic correction contrasts with current recession fears fueled by Trump's tariffs. Wall Street's Jim Cramer and JPMorgan Chase's Jamie Dimon have warned of a potential recession due to the tariffs. Musk himself now urges Trump to reverse course, advocating for zero tariffs between the U.S. and Europe.