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.

  • henfredemars@infosec.pub
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    1 day ago

    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.

    • OldManBOMBIN@lemmy.world
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      1 day ago

      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.

    • jjjalljs@ttrpg.network
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      24 hours ago

      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.

    • madjo@feddit.nl
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      22 hours ago

      Rules for thee, none for me… the unofficial official republican slogan.

    • dhork@lemmy.world
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      1 day ago

      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.

  • Sibshops@lemm.ee
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    1 day ago

    If Fox is trying to make their viewers go broke, might as well tell them to buy $TRUMP coin, too.

    • crusa187@lemmy.ml
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      23 hours ago

      Oh it’s coming, this will be their big plan to “save” social security. Back it with shitcoins like $TRUMP or $DOGE

  • 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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      23 hours 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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        23 hours 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.

  • Blackout@fedia.io
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    1 day ago

    As he was saying it they showed the Vegas video of Teslas on fire. Delicious irony.

  • just_another_person@lemmy.world
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    1 day ago

    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?

  • NOT_RICK_SANCHEZ@lemmy.world
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    1 day ago

    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