Summary
Commerce Secretary Howard Lutnick urged Fox News viewers to buy Tesla stock, praising Elon Musk as “the best person to bet on.”
Speaking on Jesse Watters Primetime, Lutnick defended Musk amid vandalism protests linked to Musk’s support for far-right politics and federal budget cuts.
He claimed Musk’s innovations, including robots and space technology, make Tesla stock undervalued.
Lutnick’s comments sparked criticism over potential legal and ethical conflicts, as government officials promoting individual stocks may violate ethics regulations.
@MicroWave Conservatives have repeatedly said that government should not be picking winners and losers. What changed?
When the loser is a conservative, then they’re supposed to be a winner. When the loser isn’t conservative, they’re not supposed to get a helping hand because they aren’t human.
The wind blew in a different direction.
It’s like the “there must be outgroups for the law to bind but not protect, and in-groups for the law to protect but not bind” thing.
Conservatism has always been about promoting the in-group. It’s not about rules or fairness or consistency. Just the in-group.
It’s a shitty world view.
What changed is that conservatives are in charge now, the old rules only applied when they don’t get to pick the winners and losers.
Rules for thee, none for me… the unofficial official republican slogan.
Go for it. Lose your retirements, losers.
If Fox is trying to make their viewers go broke, might as well tell them to buy $TRUMP coin, too.
Oh it’s coming, this will be their big plan to “save” social security. Back it with shitcoins like $TRUMP or $DOGE
“DEMOCRATS WANT TO DESTROY MUSK”…poor dems get blamed for everything.
Sounds like praise to me, but they’re not even doing it! :/
Short TSLA.
Puts at 170 will pay out very nicely.
Whats your expiry? This volatility is making puts so damn expensive
I was personally looking at May, but that’s pretty damn expensive for me.
I’m thinking June, but I’m also not going to go to 170.
Late May
As he was saying it they showed the Vegas video of Teslas on fire. Delicious irony.
He is speaking to the youths: TSLA is 🔥fr
Just like Trump Coin and Melania Coin! GET THOSE POORS TO REALLY DIG DEEP!!!
These assholes are fucking disgusting. These idiots hosts are even worse. Why don’t y’all go and buy five Tesla’s, huh? Who is the fuck is crying for Elon Musk getting his wallet absolutely fucked?
Nutlick never fails to deliver illegal information.
If this seems highly unusual it’s because it is. They are getting desperate now and this move is all the proof you need, I hope they put every red cent from their social security money on Tesla stock lol
I wouldn’t bet a dollar on Musk, but I am tempted to buy stock while it’s on a 50% discount in preparation for when they (hopefully) oust him and the company takes back off and becomes a beloved car manufacturer (heavy hoping).
I mean it’s still insanely overvalued. It’s a car manufacturer priced like a tech giant - the stock is so high because of hopes they’ll be the ones to crack true full self driving, human level robotics, or produce batteries at some insane scale
They’re so behind and have lost so much trust on all those fronts that they’d need to actually do it for the stock to pay out. But they’re no longer the best cheap electric cars, their self driving features are some of the worst because they went all in on visual only, and there’s many companies worlds ahead of them on robotics automation. Even their safety is so bad countries easily banned them once musk’s reputation tanked
Plus, musk would have to divest or have his shares called in to fully separate him… Either of which means the stock tanks or already has tanked
It’s too early to read all that. I want musk dead, I want Teslas to be cool again, and I wanna be rich.
The core problem is - Teslas suck. They’re not the best, they’re not the cheapest, they’re not the safest or most reliable, and they don’t have the most features. There’s now electric cars out there that beat them in every category
That’s why I WANT them to be
It’s obvious you haven’t looked at BYD cars. The American autoindustry is dead, or it will be everywhere but here.
My desires are not bound by mere current market climates. I just wanna like Teslas, man. They got a cool name and they used to be cool cars. Surely you’ve something from your past life experience that is no longer in-fashion or top-of-the-line that you’d like to see revived. Micromachines Megavan City, perhaps? Or maybe you were more of a Polly Pocket child? This is no different.
The problem is that he still owns a huge chunk of the stock. Unless he sells it all for some reason (or dies (naturally), now that would be something), there is no way to hope that Tesla succeeds independent of Elon because he directly profits from their success.
Well obviously I’m also planning on him dying. I thought that was a given. No way this man lives to see the end up the decade.
It’s not going back up again. Not anytime soon. Wait till it’s penny stock.
I mean I don’t actually have a spare few hundred bucks lying around so if I wasn’t just trying to make fun of Elon for losing half his car money then I would have to wait anyway.
“buy tesla stock”
Which means buy Tesla Puts :)
I also urge conservatives to buy Tesla stock, but definitely for different reasons.
They might want to consider this article in the Financial Times first: https://discuss.tchncs.de/post/32620139
@MicroWave They seem desperate
Puke
