That is not the way Laurence Tribe described it. I am not an expert on this matter. He described it as treating the election as “meaningless” if the President’s term expires and a new President has not been selected. Not my words - his.
I’m no expert either. Since this has never happened, there’s no precedent on how to proceed. Perhaps the constitution and laws are unclear about it, because the presumption is that eventually the House of Representatives will have chosen a president.
But if Laurence Tribe is right, then it would be a situation where Democrats in the House could just run out the clock until January 20th, and never choose a president, to allow one of their own, Pelosi, to become President.