On Christmas Eve, Elon Musk, CEO of Tesla, took to social media to assert that the U.S. economy is poised for double-digit growth within the next 12 to 18 months. He further speculated that if the adoption of artificial intelligence serves as a reliable barometer for economic expansion, then triple-digit growth within a five-year timeframe is not out of the question. Data from the U.S. Department of Commerce indicates that the country's GDP experienced a 4.3% quarter-on-quarter increase in the third quarter of this year.
