Elon Musk predicts a year of 'stormy weather' for the US economy - and warns Tesla faces a raft of headwinds

• Elon Musk predicts the US economy will have a tough year, before rebounding next spring or summer.
• The Tesla CEO warns higher interest rates, layoff fears, and tighter bank lending may hit demand.
• Musk has been warning of a recession and urging the Fed to cut rates for several months.

Elon Musk expects the US economy to struggle for the next year — and a toxic cocktail of higher interest rates, rising unemployment fears, and banks pulling back on lending to dent demand for Tesla vehicles.