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.

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.

Experience all the newsmakers, in-depth explanations and in-depth analysis of the US election

“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.

HT in the US: Special coverage of the American elections by Prashant Jha

“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.