this post was submitted on 20 Mar 2025
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[–] Litebit@lemmy.world 13 points 13 hours ago

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.

[–] DarkFuture@lemmy.world 33 points 19 hours ago (1 children)

He forgot the Golden Rule.

Never bet on a fucking Nazi.

[–] gramie@lemmy.ca 24 points 19 hours ago (1 children)
  • 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
[–] AdolfSchmitler@lemmy.world 16 points 19 hours ago (1 children)

Never try to invade Russia during winter

[–] Someonelol@lemmy.dbzer0.com 5 points 13 hours ago

Unless you're the Mongols of course.

[–] Aceticon@lemmy.dbzer0.com 20 points 19 hours ago

They're starting to reek of fear...

[–] ArseAssassin@sopuli.xyz 25 points 21 hours ago (2 children)

Next week they'll probably try to rename the country as United States of America sponsored by Tesla Motors.

[–] jagged_circle@feddit.nl 5 points 19 hours ago

Just the year. The start of subsidized time.

[–] sockpuppetsociety@lemm.ee 4 points 19 hours ago (1 children)

United states of Tesla sounds better.

[–] letsgo@lemm.ee 3 points 15 hours ago

I still prefer United States of Moronica.

[–] splonglo@lemmy.world 23 points 22 hours ago (1 children)

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.

[–] match@pawb.social 3 points 19 hours ago

matter of time before Seattle starts disregarding tariffs and dumping teslas into the harbor

[–] TheBrideWoreCrimson@sopuli.xyz 53 points 1 day ago (2 children)
[–] Frost752@crazypeople.online 12 points 20 hours ago

The fascism stage lol

[–] AdolfSchmitler@lemmy.world 2 points 19 hours ago

That's awesome

[–] GaMEChld@lemmy.world 28 points 1 day ago (2 children)

Encourage the public to buy it while executives unload millions, yeah, wonder why they are recommending that.

[–] AdolfSchmitler@lemmy.world 8 points 19 hours ago

He literally rug pulled a shit coin and then did it again with Melania lol

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[–] Birdie@thelemmy.club 53 points 1 day ago (1 children)

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.

[–] T00l_shed@lemmy.world 30 points 1 day ago (1 children)

The precedent was set with Goya. It's now only permissible to the GOP. President sponsored private businesses is such a fucking insane thing.

[–] Yerbouti@sh.itjust.works 131 points 1 day ago* (last edited 1 day ago) (4 children)

This is most probably illegal, even in the US. But, oh well, it's just Wednesday in naziland.

[–] atzanteol@sh.itjust.works 54 points 1 day ago

It's almost certainly a huge ethics violation. And it's disgusting. The gop doesn't even pretend to have integrity anymore.

The Democrats are going to have to wave those little round signs extra hard.

And then vote for the bill that makes this legal.

[–] banghida@lemm.ee 26 points 1 day ago (1 children)

No market manipulation is illegal in the USA for quite some time now.

[–] ramble81@lemm.ee 43 points 1 day ago (5 children)

Illegal is only illegal if someone is willing to prosecute it. Who pray tell is going to charge the Secretary of Commerce?

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[–] Clevererhans@lemmynsfw.com 25 points 1 day ago (1 children)

So much for the old "the government should not pick winners and losers!" line conservatives used to swear by...

[–] Jhex@lemmy.world 25 points 1 day ago

Repeat after me:

Every accusation is a confession!

[–] nxn@biglemmowski.win 62 points 1 day ago (4 children)

“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.

[–] 100_kg_90_de_belin@feddit.it 4 points 13 hours ago

he saves astronauts with his rockets that he invented — imagine that.

No, he didn't.

He’s building, he’s building the coolest robots you’ve ever seen.

No, he doesn't.

[–] SkyeStarfall@lemmy.blahaj.zone 12 points 20 hours ago

This literally reads like a child's homework assignment to "write about your hero" lmao

[–] Retropunk64@lemmy.world 1 points 13 hours ago* (last edited 13 hours ago)

Lmao, intended his own rockets. 😂 Husk doesn't know how to build a fucking rocket.

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[–] LovableSidekick@lemmy.world 17 points 23 hours ago* (last edited 2 minutes ago)

We'll be back with more US government right after these messages!

[–] cupcakezealot@lemmy.blahaj.zone 44 points 1 day ago (1 children)

tesla must be loving their image shifting from a "cool tech company" to a brand only loved by insufferable partisan pricks.

[–] immutable@lemm.ee 26 points 1 day ago

Brand that old uncool politicians go on tv and beg people to buy.

Good thing American consumers love desperation.

[–] LeFantome@programming.dev 22 points 1 day ago* (last edited 1 day ago) (1 children)

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.

[–] suicidaleggroll@lemm.ee 19 points 1 day ago* (last edited 1 day ago)

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.

[–] WhatSay@slrpnk.net 20 points 1 day ago

Yes fox viewers, you can be bag holders, do it.

[–] A_norny_mousse@feddit.org 91 points 1 day ago (18 children)

Remember Trump 1.0 selling beans straight from the White House?

Apart from that, TSLA most certainly is not good to bet on, despite its owner being one of the richest and most powerful people in the USA rn.

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[–] frazw@lemmy.world 73 points 1 day ago* (last edited 1 day ago) (1 children)

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.

[–] BedSharkPal@lemmy.ca 16 points 1 day ago (3 children)

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.

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[–] bane_killgrind@slrpnk.net 9 points 1 day ago

So we should all short that stock.... Sure

[–] TheBat@lemmy.world 32 points 1 day ago

Looking for bagholders lmao

[–] HK65@sopuli.xyz 34 points 1 day ago

So the big guys want to dump, right? Is reverse Cramer still up?

[–] Treczoks@lemmy.world 23 points 1 day ago

Once upon a time, Government was neutral towards brands. Or at least not as blatantly biased as Trump and Lutnick are.

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