When the government starts promoting particular products, whether it's Goya beans or Teslas, there is a line being crossed. This administration is completely topsy-turvy.
this post was submitted on 20 Mar 2025
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So how much were you paid to lie about this?
“Elon Musk is probably the best person to bet on I have ever met,” said Lutnick. “And I think, we all know that, I mean, gosh, in the same week that he saves astronauts with his rockets that he invented — imagine that. He’s building, he’s building the coolest robots you’ve ever seen. Go online and look up ‘Optimus’ — it’s the coolest thing you’ve ever seen, we’re all gonna be buying robots, they’re gonna cost about $30,000, you’re buying a Tesla robot, and anybody who doesn’t buy a Tesla robot is gonna be silly, no one’s gonna be keying anything. Elon Musk is the best entrepreneur and technologist in America and I’d bet on him — I wish I was allowed, but I’m not allowed to buy any stock!”
Thank you for this transcript. I doubt I could have made out anything of what Lutnick was saying given how deep into Elon's asshole his tongue appears to be.
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tesla must be loving their image shifting from a "cool tech company" to a brand only loved by insufferable partisan pricks.
Brand that old uncool politicians go on tv and beg people to buy.
Good thing American consumers love desperation.
sounds like everybody on trumpys cabinet is a salesman~
hearing a commerce secretary salespitch just sends in bad signals.
I've seen some folks on Wall Street bets make bank off of puts? for Tesla.
Idk.. maybe it's puts.. I don't dabble in that stuff...
What ever it is when the stock goes down..
Elon Musk is over. Done. Finished.
Nobody will listen to him in a long time.
I was hoping this guy would be different, based on his back story. But, nope, clearly he's drinking the Flavor-aid as well.
His backstory involves being born rich on the backs of his family's emerald mine slaves. Why would you expect better than any other rich asshole?
Well it also involves taking care of the families of his employees that were killed in the 9/11 attacks. But, yeah.
Note: the following vitriol is solely for Musk. I got no issue with you, just feeling spicy.
Yeah I guess you could get benefits when you were being paid to work for him and his PR team wasn't "KETAMINE!". But those people whose lives his family stole can go fuck themselves cause they don't have a PR team to make people care about them.
Once upon a time, Government was neutral towards brands. Or at least not as blatantly biased as Trump and Lutnick are.
This is most probably illegal, even in the US. But, oh well, it's just Wednesday in naziland.
It's almost certainly a huge ethics violation. And it's disgusting. The gop doesn't even pretend to have integrity anymore.
No market manipulation is illegal in the USA for quite some time now.
Illegal is only illegal if someone is willing to prosecute it. Who pray tell is going to charge the Secretary of Commerce?
Google that guy and his relationship with Tether Inc.
Okay, got it. I’m a bit confused though about how that changes my statement around the fact he won’t be charged.
I think they meant it just as a "he's even more slimey then you think!" not an indication of if they'd be charged or not.
Got it! Yeah it’s hard not to hate how much they’re getting away with.
Yep
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Looking for bagholders lmao
So the big guys want to dump, right? Is reverse Cramer still up?
Tesla is the worst stock to buy rn.
Because of its blatant ties to fascist ideals or because its price to earnings ratio is more than 100 when it should be (and I'm being really generous and saccharinely optimistic here) more like 20?
Or, realistically, 8ish.
Ignoring the moral implications, its going down really fast. Like, whenever I'm feeling down or annoyed, I just check their stock price.
I, too, find the schadenfreude delicious
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Drain the swamp and put all the rancid stagnant sludge in government.
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There's probably enough people who don't know what a dividend is, or are willing to lose money to own the libs, that this might work.