Commerce Secretary Howard Lutnick's "Minus Touch" has further tarnished Tesla's value as the oily bastard's appearance on Wednesday night's edition of Fox Newsbro's Jesse Watters' show in which he said "I think, if you want to learn something on this show tonight, buy Tesla… It's unbelievable that this guy's stock is this cheap. It'll never be this cheap again. I mean, who wouldn't invest in Elon Musk? You gotta be kidding me," took another 1.7 percent off the share price, Axios reports.
Hilariously, Cantor Fitzgerald, the investment bank Lutnick quit to serve in the Trump Regime, now run by his sons, also upgraded the stock to buy, just hours before Howie went on Jesse's show. Axios does also note that "one of Wall Street's most bullish Tesla analysts sounded the alarm on the company's future," on the same evening. "Lets call it like it is: Tesla is going through a crisis and there is one person who can fix it….Musk," wrote Wedbush Securities' Dan Ives wrote in a research note. "As someone who is a core bull and believer in the Telsa long term growth story…..I loudly urge Musk and the Board to step up, stop being silent, and help resolve this crisis forming at Tesla."