Jose Munoz, CEO of Hyundai, speaks during the Semafor World Economy conference in Washington, DC, on April 14, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Jose Munoz, CEO of Hyundai, speaks during the Semafor World Economy conference in Washington, DC, on April 14, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

John Ray III, CEO of FTX, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 14, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Jose Munoz, CEO of Hyundai, speaks during the Semafor World Economy conference in Washington, DC, on April 14, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Jose Munoz, CEO of Hyundai, speaks during the Semafor World Economy conference in Washington, DC, on April 14, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

John Ray III, CEO of FTX, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 14, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Jose Munoz, CEO of Hyundai, speaks during the Semafor World Economy conference in Washington, DC, on April 14, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Jose Munoz, CEO of Hyundai, speaks during the Semafor World Economy conference in Washington, DC, on April 14, 2026. (Photo by SAUL LOEB / AFP via Getty Images)