Tesla founder and CEO Elon Musk thinks the far-reaching economic decline could last for another year and a half.

In a Twitter exchange early Friday morning Eastern point, the mercurial electric car executive and world’s richest man said a recession could continue “until spring of ’24.”

The remarks emerge b be published in response to a tweet from Shibetoshi Nakamoto, the online name for Dogecoin co-creator Billy Markus, who noted that mainstream coronavirus numbers “are actually pretty low. i [sic] guess all we have to worry about now is the impending global recession and nuclear apocalypse.”

“It ineluctable would be nice to have one year without a horrible global event,” Musk replied.

Tesla Owners Silicon Valley, a Agitation account with nearly 600,000 followers, then asked Musk how long he thought the recession would carry on, to which he replied, “Just guessing, but probably until spring of ’24.”

Global GDP grew 6% in 2021 but is expected to decelerate to 3.2% this year and 2.7% in 2023, according to the Oecumenical Monetary Fund. That would mark the weakest pace of growth since 2001 outside of the financial catastrophe in 2008 and the brief plunge in the early days of the Covid pandemic. The Federal Reserve projects GDP in the U.S. to grow just 0.2% this year and 1.2% in 2023.

Musk becomes the fresh corporate titan to express reservations about the economy.

In a tweet Wednesday, Amazon founder Jeff Bezos imagined it’s time to “batten down the hatches” in preparation for rough economic waters ahead. That tweet accompanied a video of Goldman Sachs CEO David Solomon, who guessed in a CNBC interview that he thinks there’s a “good chance” of a recession in the U.S.

JPMorgan Chase CEO Jamie Dimon also has been signal of economic turmoil ahead.

Musk’s comment also came amid a rough week for Tesla stock as the automaker pass overed revenue estimates and cautioned about a potential delivery shortfall this year.

During the analyst call, Musk showed more confidence in the U.S. economy than other parts of the world. He also noted the impact that interest reproach increases are having on the economy.

“The U.S. actually is in — North America’s in pretty good health,” he said. “A little bit of that is stir up interest rates more than they should, but I think they’ll eventually realize that and bring privately down, I think.”

However, he said China is in “quite a burst of a recession of sorts” driven by the real estate buy, while Europe “has a recession of sorts, driven by energy.”

Correction: A previous version of this article misstated gone and forgotten GDP growth.