Commerce Secretary Lutnick Urges Public to Buy Tesla Stock, Violating Ethics Rules
In an unprecedented move, Commerce Secretary Howard Lutnick publicly recommended buying Tesla stock during a Fox News appearance on March 20, 2025, raising significant ethical concerns. Lutnick stated ‘It’ll never be this cheap again,’ directly contradicting federal ethics guidelines that prohibit government officials from endorsing specific stocks. Representative Gerry Connolly subsequently called for an investigation into Lutnick’s comments.
Sources & Citations
[1]
'Buy Tesla,' Commerce chief Lutnick urges as Musk leads DOGE for Trump administration
· Mar 20, 2025
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[2]
Elon Musk's Tesla falls after Commerce secretary urges Americans to buy stock
· Mar 20, 2025
Tier 2
[3]
Commerce Secretary Lutnick's Call to Buy Tesla Stock Violates Federal Ethics Rules
· Mar 20, 2025
Tier 1
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Tier 1 court records & gov docs ·
Tier 2 established outlets ·
Tier 3 regional & specialty press ·
Tier 4 opinion or single-source.
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Cite this entry
The Cascade Ledger. “Commerce Secretary Lutnick Urges Public to Buy Tesla Stock, Violating Ethics Rules.” The Capture Cascade Timeline, March 20, 2025. https://capturecascade.org/event/2025-03-20--commerce-secretary-buy-tesla-stock/