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Fortune

Christiaan Hetzner

Trump commerce secretary pumps Tesla stock: 'It will never be this cheap again'

Tesla Inc. Howard Lutnick Elon Musk Donald Trump Jesse Watters United States Robots Ethics Fox News

Howard Lutnick, chairman and chief executive officer of Cantor Fitzgerald LP, left, and Elon Musk, chief executive officer of Tesla Inc., during a campaign event for Donald Trump. (Credit: Adam Gray—Bloomberg via Getty Images)

In a potential violation of government ethics, Howard Lutnick fanned the fear of missing out on a Tesla rally during an interview on Fox News by literally telling voters to buy Tesla stock because it's only going to go up in price from here.

Just days after President Trump turned the South Lawn of the White House into a Tesla car emporium, a member of his cabinet took to the airwaves urging Americans to buy Elon Musk’s stock as well.

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