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.

  • givesomefucks@lemmy.world
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    1 day ago

    He claimed Musk’s innovations, including robots and space technology, make Tesla stock undervalued.

    The fuck does that have to do with Tesla?

    Shaq was amazing at rebounds, doesn’t mean I want a cartoon general as my car insurance because Shaq is also involved with that company…

    • lemmyng@lemmy.ca
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      1 day ago

      It’s not even his inventions. Like a modern day Edison, he just takes credit for other people’s work.

      • givesomefucks@lemmy.world
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        1 day ago

        Musk is a great guy!

        Just look at all the businesses he’s bought from founders, taken all the credit, and ran into the ground!

        /s

    • Lasherz@lemmy.worldM
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      1 day ago

      Undervalued? I think even Tesla investors know it’s a bubble. One glance at Toyota and Honda stocks make that abundantly clear.

      • givesomefucks@lemmy.world
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        1 day ago

        Jon Oliver had a segment; Tesla lost more value than like 20 other real car companies in 2025…

        It’s a meme stock that sometimes makes cars. The price was based on people thinking the numbers would always go up.

        That usually ends bad

    • hddsx@lemmy.ca
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      1 day ago

      Man, Musk’s innovations are amazing. Tesla’s service department makes so much money

      Trunk leaks water because it was designed by people who don’t see rain?

      Time to fix!

      Slam your door too hard and the door card falls off?

      Time to fix!

      Monitor that controls most things in your car starts to fail because it was the biggest but not checked to be automotive grade?

      Time to fix!

      Your gas pedal gets stuck to the trim and makes your car speedy?

      Time to fix!

    • OldManBOMBIN@lemmy.world
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      1 day ago

      Dude I fuckin reverse snorted and accidentally blew a bunch of snot into my mustache because of this.