Trump commerce secretary pumps Tesla stock, urging Americans to buy Elon Musk’s carmaker: ‘It will never be this cheap again’

- In a possible violation of government ethicsHoward Lootnick raised the fear of losing Tesla gathering during an interview with it Fox News of the voters literally to buy Tesla shares because they will only rise from here.
A few days later, President Trump turned the Southern House of the White House to Emporium Tesla Auto, a member of the cabinet moved to the air waves urging Americans to buy Elon Musk’s shares as well.
Tesla became the main goal General discontent focused on the controversial executive director, with protests and provinces and even premeditated burning attacks due to the role of musk as the head of the cost of the United States government.
During an interview with the Minister of Commerce on Wednesday, Howard Lootnick used his office to influence the purchase of shares in the auto industry that caused crises in the comments that seem to be directly contradictory to federal morals.
“If you want to learn something in this offer tonight, buy Tesla,” Lottenic told the Fox News Jesse Watters.
The Minister of Commerce referred to Musk because the promising Americans will own five Tesla robots, each of which comes in 2028. While exaggeration for the dramatic influence, Musk told the shareholders last June that they would get $ 1 trillion from an annual profit from selling 100 million robots annually in a new era of abundance of humanity.
“When people understand the things he builds – the robots he builds, and the technology he builds – people will dream today, Jesse and Etzar, and thinking.” Oh my God, I should have bought the stock of Elon Musk. “
Musk pushed to Lutnick to obtain the role of the Treasury in the Treasury – to no avail
As Minister of Trade, Lutnick is, of course, a point of point to promote American companies.
It makes sense that it supports Tesla, who builds all the five models in the United States of the local market Without exception.
However, Trump was a fixed discount for EVS, as he went to the point of warning of Biden tax of $ 7,500.Destruction of the auto industryIn the United States, by defending a technology in which China has already obtained control of production means.
Trump Just change his position After Musk appears with a gay bag full of A quarter of a billion dollars In donations campaign.
While the musk clashed with the cabinet secretaries, such asMarco Rubio and Shawn DuffyOn his pieces, he and Lutnick have also become a team from a team.
He was Lootnick enthusiasm to reduce government spending This musk stimulated to target $ 2 trillion of $ 6.75 trillion in the Trump campaign march.
After Trump’s victory in November, Musk I pushed to no avail In order for Lutnick to get the most influential role as minister of the US Treasury On Scott Pesin.
Tesla most expensive in “Wonderful Seven”
Due to many problems in Tesla, its shares decreased to half of their value from the top of mid -December $ 488.
They regained more than all the gains made after the November elections, prompting Trump to recommend last week that every American followed his progress and purchasing Tesla.
Speaking of Watters on Wednesday, Lutnick has now sought the potential concern fan that investors will miss the shares of the car maker if the lines are waiting for the margin.
“It is unreasonable for this man to be cheap,” said trade secretary. “This will not be cheap again.”
In fact, Tesla is the most expensive shares in the amazing seven for expectations, as they are traded with unanimity estimates 60 times for the year 2026 to almost half of their six other peers.
Can public employees support companies and products?
Lottenic stimulus is fraught with risks.
under Article 2635 Article 702 From the United States’ federal regulations law, public employees are generally prevented from using their office platform to support companies and products.
$ tsla | Elon Musk believes that there will be more human robots in the future more than humans.
– Wall St (WallstenGine) engine June 13, 2024
It is expected that the Tesla’s Optimus Robot market will reach 1B/year, making $ 1T annually.
Robots may sell for $ 20,000 each, at a cost of 10 thousand dollars, with Timing Seizure of at least 10 % market … https://t.co/knbwdmqhsz pic.twitter.com/cruihcwyhi
However, the Trump administration has adopted the Silicon Valley approach to avoiding permission in favor of creating facts on the ground in the hope that no one will eventually object.
However, some have led to an increasing confrontation with the judicial branch, which acts as an examination of the executive authority.
Musk is now using its arrival on social media to lead a pressure campaign Judges isolated He stands on the path of management.
This story was originally shown on Fortune.com
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2025-03-20 12:54:00