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Pelosi Bought $1 Million In Tesla Stock Days Before The Biden Administration Released Plans On Buying 645,000 Electric Vehicles


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This is just another case of politicians doing what they know best.

Paul Pelosi, Nancy Pelosi’s husband bought $1 million worth of Tesla shares just days before the Biden administration released plans that they would replace current government-owned vehicles with an all-new electric vehicle fleet.

This has raised several eyebrows and has many people thinking Pelosi was given some inside knowledge of Biden’s plan.

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The Washington Times covered the corruption:

A watchdog group called out House Speaker Nancy Pelosi for a very profitable Tesla stock deal shortly before the Biden administration released plans to make the federal automobile fleet electric.

Last month, Paul Pelosi, a wealthy venture capitalist and husband of the California Democrat, bought up to $1 million of Tesla stock when the price was roughly $640.34 a share. The price had shot up to $838 a share by Thursday on the NASDAQ exchange.

Tesla stock has been a darling of Wall Street for years, and the company stands to reap huge profits if the federal government moves to an all-electric fleet.

The federal government has more than 645,000 cars in the fleet.

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Business Insider covered the story too:

House Speaker Nancy Pelosi’s husband has placed up to $1 million worth of bullish bets on Tesla stock, the politician revealed in a financial disclosure form last week.

Paul Pelosi, who runs an investment firm, bought 25 call options on Tesla stock with a strike price of $500 and an expiration date of March 18, 2022. He spent between $500,001 and $1 million on them on December 22.

The purchases are legal but have raised eyebrows. Nancy Pelosi now has a financial interest in Tesla’s success, even as she’s poised to play a key role in passing green initiatives that stand to help the automaker.

Pelosi makes close to $174,000 a year but her net worth is close to 120 million.

Somethings not adding up, literally!

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