Posted on 03/24/2022 5:57:12 AM PDT by MarvinStinson
Paul Pelosi, the husband of Democratic House Speaker Nancy Pelosi, purchased nearly $2.2 million worth of Tesla stock on March 17, according to a new congressional financial disclosure.
Pelosi's husband, an investor and venture capitalist by trade, is an active stock investor personally. In January, Paul Pelosi invested $2.9 million worth of American Express, Apple, PayPal, and Walt Disney stocks. He's made tens of millions of dollars in stock trades during the past few years, congressional records indicate.
Under current laws, members of Congress are required by law to disclose all individual stock trades and those of their immediate family members within 30- to 45-days of making a stock trade, depending on the trade.
Pelosi spokesman Drew Hammill said when asked about Paul Pelosi's stock trades that "the speaker does not own any stocks. The speaker has no prior knowledge or subsequent involvement in any transactions.
Pelosi's financial disclosure indicates 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.
Pelosi's husband's stock transactions come at a time when Congress is currently debating on whether to ban members of Congress and
(Excerpt) Read more at businessinsider.com ...
Earlier this month he invested $2.9 million across stocks of several companies.
“Paul Pelosi purchased about $2.2 million worth of Tesla stock.
Earlier this month he invested $2.9 million across stocks of several companies.”
It would be good business to invest where Pelosi invests.
“by exercising call options at a strike price of $500 per share.”
When did he buy the call options?
“Pelosi’s husband, an investor and venture capitalist by trade”
That’s quite a “trade” he does.
Sounds like a good short term investment.
Tesla just opened a new plant in Germany.
You can make a lot of money on options trading....you can also lose a lot. A friend lost their retirement nest egg thinking they could win at trading options.
Your friend probably doesn’t have the insider trading advantage that Pelosi’s family has.
The day before (bought March 17th... "Set to expire the next day")
And yes, totally insider trading
I guess the new USPS delivery truck contract will be going to Tesla.
tesla is overpriced right now
Convicted felon martha stewart is not amused.
Wow! Does this mean I will get my free, government funded Tesla soon?
Nanzi is down for da struggle wit da po people. ROTFL.
Pelosi's investment was before the plant opened and the positive press gave Tesla stock a boost.
What are you recommending that is underpriced?
“purchased nearly $2.2 million worth of Tesla stock on March 17,”
I smell a big government contract coming his way for electric vehicles to get rid of those gas guzzling ones they have now.
Nancy is only a Congress Critter to fill her bank account
USPS new vehicles.
Think that mail delivery is unreliable now, wait until the EV mail trucks hit the road.
USPS told Pervert’s Admin to pound sand regarding electric vehicles
Playing with House money.
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