There is a 'good chance' Ford doesn't survive next recession: Musk

Tesla CEO Elon Musk in an interview said that there is "good chance" Ford doesn't survive the next recession. Calling the car business "monumentally difficult", the 47-year-old added that Tesla and Ford were the only US automakers to stay out of bankruptcy during the last recession. "It is absurd that Tesla is alive. Absurd! Absurd," Musk further said.