Pelosi’s Husband Buys $2.2M Worth of Tesla Stock As Republicans Threaten Action
Martin Walsh March 25, 2022
House Speaker Nancy Pelosi’s husband just bought nearly $2.2 million worth of Tesla stock on March 17.
According to a new congressional financial disclosure, Paul Pelosi, an investor, has made tens of millions of dollars in stock trades during the past few years as his wife remains one of the most powerful lawmakers in the country.
“Pelosi’s financial disclosure indicates that her husband purchased 2,500 shares of Tesla stock on March 17 — then worth nearly $2.2 million — by exercising call options at a strike price of $500 per share. The options were set to expire the next day, according to the disclosure. Tesla stock traded near $1,000 per share on March 23,” Business Insider reported.
“Tesla, which manufactures electric vehicles and solar panels, spends hundreds of thousands of dollars each year to lobby the federal government, according to lobbying disclosures compiled by nonpartisan research organization OpenSecrets. Tesla’s CEO is Elon Musk, the wealthiest person on Earth, according to the Bloomberg Billionaire Index,” the report added.
Back in January, Missouri GOP Sen. Josh Hawley announced that he is introducing the Banning Insider Trading in Congress Act.
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https://conservativebrief.com/husband-2-61419/
