Commerce Secretary Lutnick Hawking Tesla Stock

[Anonymous]

Anonymous wrote:Insiders are selling, that’s all you need to know. If you’re buying, you deserve to lose your shirt.

I want the institutional investors like Vanguard and Blackrock to start dumping or trimming the stock. What is keeping TSLA stock as high as it is now is because of automatic investing in people's 401k because TSLA is in the S&P 500; 100; and, 50 Index funds

[Anonymous]

Anonymous wrote:

Anonymous wrote:Insiders are selling, that’s all you need to know. If you’re buying, you deserve to lose your shirt.

I want the institutional investors like Vanguard and Blackrock to start dumping or trimming the stock. What is keeping TSLA stock as high as it is now is because of automatic investing in people's 401k because TSLA is in the S&P 500; 100; and, 50 Index funds

Everyone should contact their advisors and the fund managers.

[Anonymous]

Correction, about 1.8 million shares of Tesla in Minnesota June 2024.

[Anonymous]

The commerce secretary presumably still owns a large number of shares of Tesla due to his 60% ownership of his private company which he did not divest from before taking office. If he owns the same number of shares as he held at the end of 2024, the value of his share of these holdings is around 100M!

[Anonymous]

Anonymous wrote:Tim Walz was celebrating the drop in Tesla stock price, without realizing that Minnesota's pension fund has billions invested in Tesla shares.

That’s a stupid investment. We don’t bail out a failing company just because pension funds made a risky meme cult investment.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:Lutnick goes on Fox and urges viewers to buy Tesla stock as it will never be this cheap again. I don’t have any words except how dire Elon’s circumstances must be that he is resorting to this sort of nonsense.

Didn't President Biden give $12B in grants and loans to the Big 3 and their suppliers to retrofit their plants to manufacture electric vehicles and other advanced vehicles?

You are off by an order of magnitude.

And it was spread across a wide variety of companies and suppliers

https://www.pbs.org/newshour/politics/biden-administration-awards-1-7-billion-in-grants-for-electric-vehicle-manufacturing-in-eight-states

I will say it’s unclear to me why Biden excluded Tesla from the EV summit. Can a sane person explain what happened there?

Tesla was excluded because they'd already been producing EVs for years (and had received massive tax benefits from doing so). Biden was trying to encourage a more widespread manufacturing base.

I mean they could have invited Tesla to serve as an advisory role and just not get new grants, but perhaps that is weird to help competitors even if helps common good?

They should have sought advice from the company that makes the most dangerous car since the Pinto?

[Anonymous]

Isn't this a violation of the Hatch Act? I know laws don't matter anymore but...

[Anonymous]

Anonymous wrote:

Anonymous wrote:Insiders are selling, that’s all you need to know. If you’re buying, you deserve to lose your shirt.

I want the institutional investors like Vanguard and Blackrock to start dumping or trimming the stock. What is keeping TSLA stock as high as it is now is because of automatic investing in people's 401k because TSLA is in the S&P 500; 100; and, 50 Index funds

Incredible how Democrats don’t seem to know how they’re sinking their own investments. Dimwits.

[Anonymous]

Anonymous wrote:Correction, about 1.8 million shares of Tesla in Minnesota June 2024.

Why are Democrats so stupid?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Insiders are selling, that’s all you need to know. If you’re buying, you deserve to lose your shirt.

I want the institutional investors like Vanguard and Blackrock to start dumping or trimming the stock. What is keeping TSLA stock as high as it is now is because of automatic investing in people's 401k because TSLA is in the S&P 500; 100; and, 50 Index funds

When TSLA drops out of the S&P, then Vanguard and the other index funds will sell. They aren't going to sell before that.

[Anonymous]

Anonymous wrote:Lutnick is just laying the ground work to give Elon and Tesla a huge bailout.

This. We taxpayers will pay (like we have already) for the poor business acumen of Elon Musk. And there is news now that Tesla cooks its books to the tune of 1.4 bn missing dollars.

Something funky is going on with Tesla's books, at least according to a new report released by the Financial Times on Wednesday. That's never a phrase you want to hear about a publicly traded company, especially one with a tanking stock price and a board whose members are dumping shares at an alarming rate.

According to the report, Tesla spent $6.3 billion in capital expenditures in the last six months of 2024. However, the gross value of its assets only increased by $4.9 billion—that leaves $1.4 billion unaccounted for with no public explanation from Tesla about where that money went. All said and done, accounting and finance experts agree: something isn't adding up.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Lutnick is just laying the ground work to give Elon and Tesla a huge bailout.

This. We taxpayers will pay (like we have already) for the poor business acumen of Elon Musk. And there is news now that Tesla cooks its books to the tune of 1.4 bn missing dollars.

Something funky is going on with Tesla's books, at least according to a new report released by the Financial Times on Wednesday. That's never a phrase you want to hear about a publicly traded company, especially one with a tanking stock price and a board whose members are dumping shares at an alarming rate.

According to the report, Tesla spent $6.3 billion in capital expenditures in the last six months of 2024. However, the gross value of its assets only increased by $4.9 billion—that leaves $1.4 billion unaccounted for with no public explanation from Tesla about where that money went. All said and done, accounting and finance experts agree: something isn't adding up.

Are the people at DOGE doing Tesla’s accounting? Because they seem to mix up millions and billions and have numbers that no one can validate with startling regularity

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Insiders are selling, that’s all you need to know. If you’re buying, you deserve to lose your shirt.

I want the institutional investors like Vanguard and Blackrock to start dumping or trimming the stock. What is keeping TSLA stock as high as it is now is because of automatic investing in people's 401k because TSLA is in the S&P 500; 100; and, 50 Index funds

Incredible how Democrats don’t seem to know how they’re sinking their own investments. Dimwits.

Most of them do not care the least bit if their retirement accounts or stock portfolio loses around 1% of its value because Tesla stock goes to zero. They would still be happy about it.

[Anonymous]

Anonymous wrote:Isn't this a violation of the Hatch Act? I know laws don't matter anymore but...

Its not a Hatch Act violation to tell MAGA to invest in something so long as you are scamming them. This exception was established during the first administration's campaign.

[Anonymous]

Isn't this a violation of insider trading? He and Musk are communicating frequently and knows private info about the company. Martha Stewart went to prison for far less.