Telling people to buy Tesla stock while cars are literally in flames on TV at the same time lmao - ThreadSky

coachfinstock.bsky.social • 1 day ago

Telling people to buy Tesla stock while cars are literally in flames on TV at the same time lmao

On Jesse Watters’ show, Howard Lutnick, the U.S. Secretary of Commerce, tells viewers they should buy Tesla stock.

“I think if you want to learn something on this show tonight, buy Tesla. It’s unbelievable that this guy’s stock is this cheap. It’ll never be this cheap again.”

Comments

truet.bsky.social•1 day ago

We need to make Teslas uninsurable

iwantyoustudio.bsky.social•10 hours ago

iechydda.bsky.social•1 day ago

So buy a Tesla but take hatchet to all other sources of clean power. 🤪

rickatx.bsky.social•1 day ago

There’s a new story today in FT about how Tesla has $1.4b missing from their balance sheet over the past two quarters.

rational.bsky.social•18 hours ago

When you are routinely misstating the number of cars you sell to juice the carbon credits market, it turns out you don't need all the inventory you said you have? Hmmmmmmmmmmm

https://carboncredits.com/teslas-carbon-credit-revenue-soars-to-2-76-billion-amid-profit-drop/

rickatx.bsky.social•15 hours ago

Well it’s more that they spent $6.3b in capex which you would expect to see come back on the balance sheet but they only reported $4.9b in increased assets.

Further while they’re claiming to have 4b in excess revenue which they are not putting back in, they’re raising capital. Red flag city.

bleu-sky.bsky.social•1 day ago

It's also a dumb fucking point to begin with because tesla flat out will not have anything close to their original stock price again. The ones who sold off their tesla stocks in response to Elon going mask off were rewarded for doing the right thing bc they're ACTUALLY 100x overvalued as a company.

thehighsign.bsky.social•1 day ago

Christopher Guest could never

oldnewdad.bsky.social•1 day ago

Somewhere, Jim Cramer was yelling “that should have been MEEEEEEEE” like Salieri.

landslug.bsky.social•1 day ago

I'm sure there's absolutely no conflict of interest here

shuchancellor.online•1 day ago

mad money jim cramer vibes

aguasonic.com•1 day ago

For once Luttnick is right. It will never be _this_ cheap again.

Tomorrow it will be cheaper.

boothillbossanova.bsky.social•1 day ago

That's kind the point, isn't it?

1. Tank the stock market
2. Buy up stock while prices are low
3. Wait for Democrats to get back in power to fix the economy so stock prices soar again

ericmichaelmoberg.bsky.social•8 hours ago

But we are supposed to trust this “genius” with reorganizing every part of our federal government, including deciding which of 2 million employees should stay or go.