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.

    • @OldManBOMBIN@lemmy.world
      link
      fedilink
      11 day ago

      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.