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.
Overall it’s a smart move. It’s like how scammers insert typos into their emails to filter out anyone with brain cells.
They have a small, captive audience of low intelligence and low information viewers. They’re the perfect vulnerable people to separate from their money.
Large captive audience of low intelligence…
Go for it. Lose your retirements, losers.
@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.
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
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).
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.
Puke
“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