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.
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!
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.
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!
