Elon Musk says he will not sell more Tesla stock for about two years

Chief executive’s comments come amid concerns over softening demand for electric cars

The Tesla chief executive, Elon Musk, has said he will not sell any more of the electric car company’s stock for about two years.

While speaking in a Twitter Spaces audio chat on Thursday, Musk said he foresees the economy will be in a “serious recession” in 2023 and demand for big-ticket items will be lower.