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usonian

(17,271 posts) Thu Mar 20, 2025, 10:43 AM Mar 20

Tesla falls after Commerce secretary recommends buying stock [View all]

Tesla shares fell early Thursday after Commerce Secretary Howard Lutnick used a TV appearance to urge Americans to buy stock in Elon Musk's car company.

Why it matters: Cabinet secretaries don't typically recommend individual stocks, much less those linked to the president's closest adviser.

His recommendation was potentially overshadowed, though, by one of Tesla's most fervent defenders on Wall Street calling the company's situation a "crisis."

What they're saying: "I think, if you want to learn something on this show tonight, buy Tesla," Lutnick said on Fox News Wednesday evening. "It's unbelievable that this guy's stock is this cheap. It'll never be this cheap again."

Unreliable sources took a photo of the White House lawn.

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Tesla falls after Commerce secretary recommends buying stock [View all] usonian Mar 20 OP

ETETD hatrack Mar 20 #1

Lutnick is blatantly corrupt Renew Deal Mar 20 #2

My view from Canada: Lutnick is a deep toady who tries to lie about trade and economics and parrots tRump lines Bernardo de La Paz Mar 20 #15

LOL. Aptly-anagrammed Howard Nutlick didn't help Eloon a bit Ocelot II Mar 20 #3

Nutlick It Is!! -- Chef Chololate Salty Balls Says... MayReasonRule Mar 20 #9

LOL!! Ocelot II Mar 20 #11

Naw, Lol... MayReasonRule Mar 20 #13

And they say ."What's in a name?..indeed. BattleRow Mar 20 #47

Lol SheltieLover Mar 20 #38

Tesla Price to earnings is over 100 Johonny Mar 20 #4

"It's unbelievable that this guy's stock is this cheap. It'll never be this cheap again." Wednesdays Mar 20 #5

Every Thing on the Lot Must Go Sale!! Kid Berwyn Mar 20 #6

The White House... sheshe2 Mar 20 #7

Remember when www.whitehouse.com was a porn site? erronis Mar 20 #21

Thanks for that link, erronis. sheshe2 Mar 20 #34

Omg SheltieLover Mar 20 #40

Apt name for the "leader" (destroyer) of the United States of Extortion SheltieLover Mar 20 #39

They're not even trying to hide their use of Federal Office as a means for self enrichment. patphil Mar 20 #8

Whore's Drawers, Disaffected Mar 20 #10

Think I'll do a put and then short the stock Aviation Pro Mar 20 #12

Cowboy boot wearing red hats don't buy teslas. Not their style or affordable for them PortTack Mar 20 #14

Yes, he's done a bang-up job of alienating pretty much anyone that would have actually bought one of those things. Xavier Breath Mar 20 #30

They all bow to president musk. spanone Mar 20 #16

can you even imagine if this was a Democratic president Skittles Mar 20 #59

It's pure insanity... spanone Mar 20 #60

... Harker Mar 20 #17

Dept of greed & extortion SheltieLover Mar 20 #42

Donnie Oligarch Golfs Endlessly. Harker Mar 20 #51

Indeed we could! SheltieLover Mar 20 #55

I like it. We could... Harker Mar 20 #56

I wouldn't touch one if he GAVE me one. calimary Mar 20 #18

Running out of room to park them. Historic NY Mar 20 #19

another "readable" link from the may article you linked to orleans Mar 20 #32

A lot of them are likely broken & wont run. SheltieLover Mar 20 #44

Kinda like the government,now. BattleRow Mar 20 #48

did Elon rip offf Canada....??? Historic NY Mar 20 #20

MaddowBlog-Why is Trump's Commerce secretary urging the public to buy Tesla stock? LetMyPeopleVote Mar 20 #22

You should post this as separate op. It's important and well put togethere. Amaryllis Mar 20 #24

I already posted it as separate OP LetMyPeopleVote Mar 20 #25

I just gave it the 5th rec so maybe now it willl start to move! Amaryllis Mar 20 #41

I second the motion. usonian Mar 20 #27

Absolutely! SheltieLover Mar 20 #45

Are any Democrats calling for his resignation? -nt Hieronymus Phact Mar 20 #23

I'm more bullish on kudzu. flvegan Mar 20 #26

Kudzu... Ehehehehe.... mwooldri Mar 20 #29

At least Kudzu root provide a good source of nutrition ... marble falls Mar 20 #31

What's next? Flying carpets and vimanas? BattleRow Mar 20 #46

Surely that violates Federal law. marble falls Mar 20 #28

It appears to me to be a blatant violation of the Hatch Act MLWR Mar 20 #33

Breaking the law is not a crime. Getting caught/arrested for breaking the law is. usonian Mar 20 #36

Good luck with that IronLionZion Mar 20 #35

With people as dishonest as TCF and Edolf, the appearance of desperation RockRaven Mar 20 #37

Here is the ethics "rule".. surfered Mar 20 #43

As I posted elsewhere, Breaking the law is not a crime. Getting caught/arrested for breaking the law is. usonian Mar 20 #49

So much corruption Demovictory9 Mar 20 #50

Piss the fuck off. (all things Musk!) GreenWave Mar 20 #52

Lutnuck: "It'll never be this low again." Captain Zero Mar 20 #53

Tesla is bring propped up by Wingnut, Trump and even by local cops usonian Mar 20 #54

People don't want to drive MAGAmobiles LetMyPeopleVote Mar 20 #57

Four reasons for Tesla Crash LetMyPeopleVote Mar 20 #58