Commerce Secretary Lutnick Hawking Tesla Stock

Anonymous
I remember when ethics in government meant something.
Anonymous
Anonymous wrote: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.


No Trump official is going to jail for violating any ethics or conflict of interest or insider trading laws in this administration. It’s a feature for which they are chosen—not a bug.
Anonymous
Anonymous wrote: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.


Is it a violation if there's no one to enforce the law? The SEC isn't going after anyone involved in this administration unless they anger Trump.
Anonymous
Anonymous wrote:Isn't this a violation of the Hatch Act? I know laws don't matter anymore but...



Hatch Act concerns political activities.
Anonymous
Anonymous wrote:
Anonymous wrote:Correction, about 1.8 million shares of Tesla in Minnesota June 2024.

Why are Democrats so stupid?


What does that have to do with "Democrats"?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Correction, about 1.8 million shares of Tesla in Minnesota June 2024.

Why are Democrats so stupid?


What does that have to do with "Democrats"?


It’s a Russian bot-just ignore. They can blame Democrats for everything-even Trump’s secretary breaking ethics laws by shilling for Elon Musk.
Anonymous

He’s selling stock for Elon now? Wow that’s just sad. I’d always assumed he’d become a pastor or huge philanthropist after 9/11.
Anonymous
Anonymous wrote:
Anonymous wrote:Isn't this a violation of the Hatch Act? I know laws don't matter anymore but...



Hatch Act concerns political activities.


What’s the rule about people in positions of authority not selling to subordinates? Like the wing commander can’t sell MLM vitamins. Is that just a military thing? I thought it was for all government employees.
Anonymous
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.


Dire? Are you kidding? He's the richest man in the world! He has other companies and plenty of money. He can bail himself out.

Ponzi money. He takes out loans against his Tesla stock to support Twitter and Space X. If the loans were ever called, he would be bankrupt.
https://www.newsweek.com/elon-musk-facing-margin-call-tesla-stock-2047059
Anonymous
Anonymous wrote:
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.


Dire? Are you kidding? He's the richest man in the world! He has other companies and plenty of money. He can bail himself out.

Ponzi money. He takes out loans against his Tesla stock to support Twitter and Space X. If the loans were ever called, he would be bankrupt.
https://www.newsweek.com/elon-musk-facing-margin-call-tesla-stock-2047059


If you looks at Tesla’s latest financial statements there is 1.4 bn in funds that are simply missing. It’s Enron level crazy accounting.
Anonymous
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.


He's an idiot. Let homketp
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.





They cook their books a lot more than that. Elon Musk's money comes from hoodwinking liberals into giving him lots of subsidies.
Anonymous
Between this and his statement about SS checks it seems we’re gonna need a bigger clown car.
Anonymous
Why are other car companies not protesting this? So tired of the silence. Why aren’t universities banding together? Law firms banding together? Honestly, a couple of years ago I thought the corporations would save us because they’d listen to their customers, like DEI.

Keep up the resistance and stop buying from them.
Anonymous
Anonymous wrote:Why are other car companies not protesting this? So tired of the silence. Why aren’t universities banding together? Law firms banding together? Honestly, a couple of years ago I thought the corporations would save us because they’d listen to their customers, like DEI.

Keep up the resistance and stop buying from them.


Because they all receive bailouts from the federal govt and no one wants to antagonize Trump. Everyone is rolling over and playing dead.
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