Following #Trump’s shameful #Tesla advert on the WH lawn last week, US #Commerce Secy #HowardLutnick used a TV appearance to urge Americans to buy stock in #ElonMusk's company.
Cabinet secretaries *don't typically* [NEVER] recommend individual stocks, much less those linked to the president's closest adviser.
#kleptocracy #oligarchy #broligarchy
https://www.axios.com/2025/03/20/tesla-musk-lutnick
"I think, if you want to learn something on this show tonight, buy #Tesla," US #Commerce Secy #HowardLutnick said on FauxNews Wed evening. "It's unbelievable that this guy's stock is this cheap. It'll never be this cheap again."
"I mean, who wouldn't invest in #ElonMusk? You gotta be kidding me."
@Nonilex Right now, his P/E are so bad that you would be risking a wipeout. The value of Tesla CANNOT rise again as a stock because Tesla has NO resale value. Nobody wants a Swasticar. Tesla CANNOT come back after this, and investing in him would be throwing good money after bad.
@thepoliticalcat @Nonilex this is only further making me confident about his imminent pivot from cars to robots and AI and installing one to run a federal agency by 2027.
@emory @Nonilex Yes. He's a delusional bumblefuck who bought all these shiny toys other people made, and tried to profit from them. Now he's broken Twitter and Tesla, and SpaceX and his stupid Starlink project that he's using as a weapon against other nations are not going too well. What else will he destroy?
@thepoliticalcat @Nonilex they put Starlink in at that g-ddamned whitehouse this week. so. where i come from that's a command and control channel or unauthorized unsecured egress and there will absolutely be incidents.
Just boosted my post from earlier this week on the starlink installation at the WH complex. It’s a gift link.
@thepoliticalcat @emory @Nonilex
The starlink-thing has me baffled. Who did he think would trust the thing once it was clear that starlink will be used for blackmail?
Yes, I know the answer is "because he is a fascist oligarch with no actual business sense who cannot predict obvious reactions from others due to his crippling lack of empathy", but somehow it still baffles me.
@SuneAuken @emory @Nonilex Remember, he's a con-man. The idea is to fold his tents and silently run away once the sucker is suckered. He started a company called Boring Co. It digs holes. He sold it to many city mayors promising them that he could create an underground system that would make transportation much easier. He made a LOT of money off that. The Boring Co. has not done ANY boring except one demo tunnel in Las Vegas.
@thepoliticalcat @SuneAuken @emory @Nonilex Good point. Maybe why these two utter weirdos connect.
@thepoliticalcat @emory @Nonilex He’s working on breaking Democracy. I hope we can end it soon.
@thepoliticalcat @Nonilex The only chance would be if Tesla removed Elon Musk as CEO and he and his family from the board. It needs to become fully independent from him and his family.
@Nonilex grandpa should sue him. It’s p/e ratio is almost 107. Fucking ferrari is 51! Normal car manufacturers are like 5