Tesla CEO and Twitter chief Elon Musk has reiterated his warning about a recession in the U.S. He tweeted Friday that if the Federal Reserve raises interest rates again next week, the “recession will be greatly amplified.”

Musk was further asked on Twitter how long he thinks the recession will last. The Tesla boss replied: Just a rough guess, but things probably start looking better in Q2 2024.

This was not the first time Musk warned about the consequences of the Fed hiking interest rates. At the end of November, the billionaire said the trend was concerning. He urged the Federal Reserve to cut interest rates immediately, stating that the U.S. central bank is “massively amplifying the probability of a severe recession.”