Commerce Secretary Lutnick Promoting Tesla On Fox News: 'We're All Going To Be Buying $30,000 Tesla Robots.' Anyone Who Doesn't Is 'Silly'

2 weeks ago 8

Unlock banal picks and a broker-level newsfeed that powers Wall Street.

Adrian Volenik

Thu, Mar 27, 2025, 6:45 AM 4 min read

In This Article:

Commerce Secretary Howard Lutnick is publically backing Tesla (NASDAQ:TSLA) and its CEO, Elon Musk, on TV, sparking a question of disapproval from morals experts, investors and nationalist figures, including Tesla bull Gary Black.

During a caller quality connected Fox News, Lutnick lavished praise connected Musk, calling him “probably the champion idiosyncratic to stake connected I’ve ever met.” He claimed Tesla banal is massively undervalued and urged viewers to bargain in. “It’ll ne'er beryllium this inexpensive again,” Lutnick said, adding that radical volition 1 time regret not purchasing Musk’s stock.

Don't Miss:

  • ‘Scrolling To UBI' — Deloitte's #1 fastest-growing bundle institution allows users to gain wealth connected their phones. You tin put contiguous for conscionable $0.26/share with a $1000 minimum.

  • This startup is connected the brink of a immense disruption to a $654 cardinal manufacture – invest successful it for nether $10 earlier it's excessively late.

He went a measurement further, promoting Tesla’s upcoming humanoid robot Optimus, which helium said would merchantability for astir $30,000. “Anybody who does not person a Tesla robot volition beryllium silly,” Lutnick said. “They volition mow our tract and marque america java and our bed... and renovate our bathroom. I’m telling you, we’re some going to person truly bully bathrooms.”

Lutnick besides promoted Musk’s robotaxi project, the Cybercab, suggesting some products would soon beryllium portion of mundane life.

But adjacent Musk himself has precocious tried to little the hype. In November, helium said connected X that a $30,000 terms tag for either merchandise would lone beryllium imaginable successful the “long-term” and that Tesla would request to scope accumulation volumes of implicit 1 cardinal units per year. He did not clarify if that people applied individually oregon combined.

Trending: Hasbro, MGM, and Skechers spot this AI selling steadfast — invest pre-IPO from $0.55 per stock now.

Musk had antecedently said Optimus would beryllium sold beneath $30,000 and that determination could beryllium 1 robot per idiosyncratic successful the future. Still, helium acknowledged earlier that lone constricted mill usage is expected successful 2025, with imaginable wider rollout by 2026. As for the Cybercab, it is inactive slated for accumulation “before 2027.”


Read Entire Article