At the start of 2023, Tesla CEO Elon Musk was concerned about a potential recession. However, Bank of America ( BAC ) analysts and other Wall Street juggernauts are flipping and expect that the economy is likely to avert a recession and have a" soft landing." With recession concerns in the rear-view mirror, Musk is likely to put the growing cash hoard the company has to use in the form of stock buybacks or investments.