US Commerce Secretary Howard Lutnick says now is the time to buy Tesla stock, calling its price “unbelievable.” The stock has fallen over 50% from record highs in mid-December due to weakening sales and controversy surrounding Elon Musk’s work with the White House. Lutnick cited Musk as a strong investment opportunity, saying he is “probably the best person to bet on.” This stance comes after Musk blamed protesters at Tesla dealerships for his company’s issues, describing them as “hatred and violence from the left.”
Source: https://www.businessinsider.com/commerce-secretary-howard-lutnick-hawks-tesla-stock-on-tv-2025-3