Commerce Secretary Howard Lutnick urged Fox News viewers to buy Tesla stock, calling CEO Elon Musk "probably the best person to bet on" he had ever met.
It‘s a bad bet because he is so insanely rich and powerful. Just take a look at Putin‘s Gasprom. Oligarchs know how to extract money out of a company before lesser oligarchs can get their hands on it. Avoid any stocks that are too close to the government right now.
It is frankly a terrible business move for a company to align itself with the government.
I think it is funny that Zuck decided to align himself with the administration. I’m sure it was to avoid being thrown under the bus by Trump but I don’t think it is helping there general PR.
Eh, as long as he stays in Trump’s favour, Tesla will get a bunch of government contracts to keep them afloat. There was already the state department contract, they can keep slinging more contracts his way of they like.
I do not remember trump selling beans. It honestly sounds more like something from the Carter playbook. I can imagine Carter with a nice little bean farm. I cannot envision trump doing even miniscale farming.
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.
It‘s a bad bet because he is so insanely rich and powerful. Just take a look at Putin‘s Gasprom. Oligarchs know how to extract money out of a company before lesser oligarchs can get their hands on it. Avoid any stocks that are too close to the government right now.
It is frankly a terrible business move for a company to align itself with the government.
I think it is funny that Zuck decided to align himself with the administration. I’m sure it was to avoid being thrown under the bus by Trump but I don’t think it is helping there general PR.
did someone say beans?!
Beans and beans and beans.
Pick 'em, hull 'em, put on the steam
On Lemmy? Impossible!
I turn those around every time I go to the store now. They are “Goya” beans, and they are very shy.
Eh, as long as he stays in Trump’s favour, Tesla will get a bunch of government contracts to keep them afloat. There was already the state department contract, they can keep slinging more contracts his way of they like.
Government needs to buy a hell of a lot of cars to minimize the losses Tesla is reeking in everywhere else.
EV sales grew by 27% still Teslas is down 70% in Germany.
Btw. who should drive them if all government workers get fired?
Am I the only person picturing a giant decommissioned airfield in Arizona completely covered in purchased and unused government Teslas?
I heard they spend so much time on lots they become bug infested.
I do not remember trump selling beans. It honestly sounds more like something from the Carter playbook. I can imagine Carter with a nice little bean farm. I cannot envision trump doing even miniscale farming.
Carter literally had a peanut farm. It was so controversial that a president would own a farm that he sold it to avoid a conflict of interest.
Yeah…I feel like you think you’re explaining some radical new information, when that same information is the foundation of my comment to begin with.
Thanks Captain Plot-Summary!
I explained no plots.
https://www.snopes.com/fact-check/donald-trump-goya-beans/
Goya shill is unreal
This is the jackpot Snopes employees live for.
Long after Skynet gains self-awareness the people of the corpocracy will look at the picture and say: is this how we got here?
What does farming have to do with anything? It was a paid endorsement, an infomercial run by the sitting President of the US. It’s disgusting.
Goya