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
The Democrats are going to have to wave those little round signs extra hard.
And then vote for the bill that makes this legal.
Read up on the Hatch Act
Except for the fact that he is single handedly responsible for a massive decrease in teslas value. I would not bet on anything he touches because even if he were loved inside the US, he is now despised everywhere else. Tesla was built on left wing progressive ideals and so was spacex, and solarcity, etc etc. Musks turn to the right betrays all of those who liked his companies for ideological reasons. I don’t expect tesla stock to recover any time soon.
This.
Not sure how he imagined a hard pivot from the left to the right was going to pan out.
Early on I was a huge fan and kept telling others he wasn’t like the other CEOs, it wasn’t about the money. It became obvious a couple years ago I was horribly wrong. The worst part is some of the people who distrusted him before now are all in.
These people are not charismatic at all, I don’t get how they keep fooling people.
He’s been a known union buster for a long time tho
Yeah at that point I was still believing his BS about how it wouldn’t be good for the employees or the company. I just got hopped up on someone finally helping stop climate change in a meaningful way.
Simpler times…
'* * cough * * WaitButWhy * * cough * *
Just an international correction to compensate for the US’ Overton Window:
Tesla was built on
left wing progressive ideals**wealthy believers of climate change.
“Left-wing” is such a polluted term now lol.
If Tesla was built on left-wing progressive ideals it would be a workers co-op focusing on quality. It’s always been a for-profit company from day one.
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.
He forgot the Golden Rule.
Never bet on a fucking Nazi.
- Never get involved in a land war in Asia
- Never go up against a Sicilian when death is on the line
- Never bet on a fucking Nazi
Never try to invade Russia during winter
Looking for bagholders lmao
Once upon a time, Government was neutral towards brands. Or at least not as blatantly biased as Trump and Lutnick are.
So much for the old “the government should not pick winners and losers!” line conservatives used to swear by…
Repeat after me:
Every accusation is a confession!
People who take this advice are going to be disappointed when Tesla gets outcompeted by every other EV company and it drops to zero. It’s just like the trump shitcoins. Just scamming their base at every turn because they’ve gotten used to lying about everything without consequences.
Encourage the public to buy it while executives unload millions, yeah, wonder why they are recommending that.
He literally rug pulled a shit coin and then did it again with Melania lol
It’s two part. Trump’s cabinet is filled with natural liars, and they love money more than life itself.
Having these guys shill for Tesla is not going to help the stock. It looks desperate. It turns off the core buyers even more.
There are two groups of Republican at this point. There are quite a small number of ultra rich people. There is an army of mostly not that well off folks. The latter cannot afford Teslas and have seen them as the enemy forever. This is going to highlight that the main GOP principle is supporting rich allies. It shines sunlight on a very dangerous fact.
Elon is really unpopular right now and “regular” republicans feel like he and DOGE are attacking them. Then they see the Trump administration rallying to support him. The GOP does not care about them but does care about him.
This could backfire on the GOP and it is not going to sell a lot of cars.
Elon is really unpopular right now and “regular” republicans feel like he and DOGE are attacking them.
Only those who have been personally harmed. The rest of them, and that’s the vast majority, actually believe Elon is cleaning up the government and finding/eliminating corruption. I work with one, he’s convinced everything DOGE has found and cut is corruption/fraud, the kids who are rooting through the Treasury are geniuses capable of finding things that no other administration has been able to (or been willing to?) find, and ultimately the Government is going to run more efficiently and taxes can be lower for regular people when it’s all said and done. They’re too deep in the rabbit hole to see the light.
I’m thinking this administration is backfiring like crazy
I’m not sure what they are smoking but I want some
Commerce Secretary is heavily invested in tesla stock.
dump that stock.
make the bank collect on Elon tesla stock loan collateral.
make Elon pay taxes on that stock.
We’ll be back with more US government right after these messages!
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
Or the fact that Musk was pulling Tesla resources for X.
Or the fact that Musk
Drain the swamp and put all the rancid stagnant sludge in government.
No, swamps are vital to the environment. Landfills are not.
What’s the inverse Cramer strategy say right now? We’ll finally answer the question, what happens when an unimprovable slob meets an inscrutable fart.
