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.
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.
Will 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.