Trump Administration Faces Backlash Over Tesla Stock Promotion and Ethical Concerns

Commerce Secretary Howard Lutnick's televised endorsement of Tesla stock has intensified scrutiny of the administration's close ties to Elon Musk and raised questions about ethics and conflicts of interest.

Commerce Secretary Howard Lutnick urged Fox News viewers to buy Tesla stock, drawing criticism for violating federal ethics rules.
The Trump administration has shown unprecedented support for Tesla, including hosting a Tesla car show at the White House and condemning attacks on dealerships as 'domestic terrorism.'
Tesla faces significant challenges, including a 50% drop in stock value since late 2024, a major Cybertruck safety recall, and violent attacks on its facilities.
Elon Musk's dual role as Tesla CEO and head of the Department of Government Efficiency has fueled concerns about conflicts of interest and his focus on Tesla's struggles.
Federal charges have been filed against individuals accused of vandalizing Tesla properties, as the administration continues to defend its support for Musk and Tesla.