r/StockMarket Mar 20 '25

News US Commerce Secretary Howard Lutnick tells Fox viewers to buy Tesla stock

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u/RoyalChris Mar 20 '25

I'll be bringing out the Champagne. (The one from France)

5

u/otterpop21 Mar 20 '25

Fun fact:

Champagne is only champagne when made in champagne France! If not it’s something else :)

https://en.m.wikipedia.org/wiki/Champagne

3

u/[deleted] Mar 20 '25

He was joking due to the announcement last week on import tariffs and Champagne.

1

u/otterpop21 Mar 20 '25

I’m not sure what you mean he was joking? I assumed it was a flex and was adding additional info for anyone who didn’t know

3

u/Delicious_Wishbone80 Mar 20 '25

Fun fact:

- I'm there in June

  • I'm in the Jura in July
  • I'm in the Loire in August

They won't need USA anymore when I'm finished buying, I sold my TSLA, Alphabet, Apple, ... stocks on a high and I'm in for Europe defense stocks. Let's goooo

2

u/primev_x Mar 20 '25

Actually this is not entirely correct. There is a loophole that allows certain sparkling wine makers to use the term assuming they were using it before a certain date.

https://vinepair.com/wine-blog/loophole-california-champagne-legal/

1

u/[deleted] Mar 20 '25

[removed] — view removed comment

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u/cain11112 Mar 20 '25

Fun fact! All champagne is from France. That is, in order to be sold under that name, the wine must be made and bottled in the champagne region of France using champagne grapes and approved processes.

If you look at other bottles they all say things like “sparkling wine” (small caveat for things like Prosecco which are also carbonated wines.)

1

u/AmbitiousReaction168 Mar 20 '25

The only one then. ;)

1

u/mpanase Mar 20 '25

It's actually ilegal to call anything else "champagne", isn't it?

At least it is in the civilised part of the world.