"It's unbelievable that this guy's stock is this cheap. It'll never be this cheap again," Commerce Secretary Howard Lutnick said of Elon Musk's EV company, Tesla.
Commerce Secretary Howard Lutnick says it is a good time to buy Tesla stock now.
Tesla shares have fallen by more than 50% from their record highs in mid-December.
Lutnick made a quick pitch for Elon Musk's Tesla during a television interview on Wednesday, highlighting the potential of the company's technology and future growth.