Will WallStreetBets take a look at Nancy Pelosi?

[freeradical]

How much of a cut of her profits will Joe Biden get?

The ability of members of U.S. Congress to buy and sell stocks has been controversial over the years. One of its most prominent members made some purchases in December that could benefit from the new Biden administration.

What Happened: It was revealed over the weekend that Speaker of the House and California Rep. Nancy Pelosi purchased 25 call options of Tesla Inc (NASDAQ: TSLA). The purchases could have been done by Pelosi or her husband Paul, who runs a venture capital firm.

The options were bought at a stake price of $500 and expiration of March 18, 2022. Pelosi paid between $500,000 and $1,000,000 for the options, according to the disclosure.

Pelosi also disclosed that she bought 20,000 shares of AllianceBernstein Holdings (NYSE: AB), 100 calls of Apple Inc (NASDAQ: AAPL) and 100 calls of Walt Disney Co (NYSE: DIS).

Tesla shares have risen from $640.34 at the time the calls were purchased to over $890 today. The call options were valued at $1.12 million as of Monday.

https://www.aol.com/news/nancy-pelosi-bu...17279.html

[cbelt3]

WSB has been pushing TSLA for a couple of years. And with Elon pumping his own stock, and his mad fanboys, its been a good one.

[Acer]

There was no inside information that Biden was going to push EV. He campaigned on it, and won. Tesla has long been a wall street favorite, anyway. Dog bites man story.

[vision63]

I always bet on Black. Yes, I just made Nancy a sista.

[sekker]

It would be awesome spin for a GOP House member.

'Rep X has just disclosed they invested hundreds of thousands of dollars on a bet on the success of company X tied to Rep X constituencies.'

Nothing to see here, move along.

[Carnos Jax]

Most of the Tesla community following in stock assumed a Biden presidency would reinstate tax credits and otherwise be generally favorable to EV ‘s. The premise of the OP is a false Narrative being stroked in some conservative circles because they usually are ignorant and hostile of anything green or EV related.

[Lux Interior]

Carnos Jax wrote:
Most of the Tesla community following in stock assumed a Biden presidency would reinstate tax credits and otherwise be generally favorable to EV ‘s. The premise of the OP is a false Narrative being stroked in some conservative circles because they usually are ignorant and hostile of anything green or EV related.

There's also the old saw that democrats are hypocrites if they are rich, because they advocate for the poor. I don't get it.

[Carnos Jax]

Yup, I’ve been following a couple of gun and religious forums lately, and it’s nuts hoe they disparage the likes of Tesla, and lament what they perceive as attacks on the oil industry. Just nuts!

[Lux Interior]

Carnos Jax wrote:
Yup, I’ve been following a couple of gun and religious forums lately, and it’s nuts hoe they disparage the likes of Tesla, and lament what they perceive as attacks on the oil industry. Just nuts!

They still remember the sting of putting all their money into buggy whip futures.