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