The former ethics adviser – Tesla: TsLa that strengthening the Trump administration of Elon Musk withdraws criticism from experts: “The Minister of Commerce is not Jim Kramer.”

Ethics experts raise the alert to members Donald Trump Management is publicly enhancing Elon Musk’s Tesla Inc. TimingEven as the electric vehicle company It faces a general violent reaction Its stocks continue to slip.

What happened: On Wednesday, Trade Secretary Howard Lootnick He appeared on Fox News and encouraged viewers to buy Tesla shares.

“If you want to learn something in this offer tonight, buy Tesla,” Lottennik said on Jesse Watters. “This will not be cheap again.”

Notes come when Tesla shares decreased more than 38 % on an annual basis.

See also: Elon Musk says “Wait for your stock” in a late surprise from Tesla at the Tesla meeting.

Ethics experts say that administration’s behavior crosses a line, according to A Report from Business Insider.

“It is the issue of ethics, and it is an optical issue,” he said. Jordan LieboutzThe head of communications for citizens for responsibility and morals in Washington. “When a person spends hundreds of millions of dollars to elect the president, then the president’s administration takes a measure that appears to be an attempt to enhance the net value of that person.”

Richard painterFormer ethics lawyer under George WW BushIt was more severe.

“The idea of ​​promoting the company, the White House does not do it,” he said. “Trade Secretary is not Jim Kramer.”

Why is this important: The decrease in the value of Tesla shares has increased due to Musk’s involvement with the Ministry of Governmental efficiency of President Trump.

This raised questions about The ability of musk to manage its responsibilities In both Tesla and Doug.

President Trump has publicly supported Musk and Tesla, and hosted what was actually The promotional event in White House last week.

The pictures were presented to Tslias in the southern grass and pledged to buy a S modelAlthough it is still unclear if continued.

Approvals come amid an increasing violent reaction. Musk, who also leads the Ministry of Governmental efficiency as well #sSlatAtedown protests After the demobilization of the collective workers.

In addition, Tesla has He suffered from an increase in tradeWith a record number of vehicles that are circulated this month. This follows the protests against the role of Musk with the Trump and Doug administration.

Despite these challenges, Cathy Wood to Ark Invest Continue the bet on Tesla, Get 9,351 shares from the auto industry company. This purchase, which is worth about $ 2.21 million, comes amid the recall of Tesla to more than 46,000 electronic companies due to safety concerns.

Price work: Tesla’s share increased by 5.27 % during the regular session on Friday, closing $ 248.71. In post -hours trading, it added another 0.30 %, up to 249.45 dollars, according to Benzinga Pro Data.

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Slip: This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.

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