Connolly calls for investigation into Lutnick encouraging Americans to buy Tesla stock

3 comments

1. “House Oversight and Accountability Committee ranking member Rep. Gerry Connolly (D-Va.) requested an investigation into Commerce Secretary Howard Lutnick’s comments urging Americans to buy Tesla stock as the company’s shares dip due to mass firings and reform efforts overseen by CEO Elon Musk.

   “This is just the latest example of the Trump Administration using taxpayer resources to enrich the President’s inner circle,” Connolly wrote in a Thursday letter to John K. Guenther, acting general counsel for the Department of Commerce.

   His inquiry comes two months after President Trump dismissed dozens of independent agency watchdogs without Congressional approval. Regulatory agencies, including the Consumer Financial Protection Bureau, are also set to undergo layoffs amid concerns about Musk’s involvement in government proceedings while earning billions from the private sector.

   Lutnick urged Americans to take advantage of the 34.6 percent drop in Tesla stock to “the best leader of any set of companies in America working for America.”

   “I think, if you want to learn something on this show tonight: Buy Tesla,” he said during an appearance on Fox News’s “Jesse Watters Primetime.”

   “It’s unbelievable that this guy’s stock is this cheap. It’ll never be this cheap again.”

   Connolly said the comments violate the Standards of Ethical Conduct, alleging the Trump administration is using taxpayer resources to “enrich the President’s inner circle.””

2. don’t drink the polonium tea, Mr. Oversight Committee

3. Oooh, an investigation. That’ll show ’em. SMH. Democrats still trying to adhere to norms and play by rules of a system that was killed on 1/6/2025.

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