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How’d He Know? Pelosi’s Husband Makes Huge Tesla Buy Right Before Biden Announced Green Vehicle Policy

A spokesperson for the House speaker deflected ‘her husband, not the speaker, made the Tesla bets’

Frank Salvato by Frank Salvato
January 30, 2021
9
Tesla, Nancy Pelosi, Paul Pelosi
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US House Speaker Nancy Pelosi’s husband, Paul Pelosi Sr., made a $1 million Tesla stock buy just before it was announced that the Biden administration is taking the federal car fleet electric.

Ethics watchdogs have raised their eyebrows over the timing of Pelosi’s Tesla stock purchase over concerns of the appearance of insider trading.

Mr. Pelosi reportedly purchased roughly $1 million in stock from Elon Musk’s electric car corporation last month. Just 30 days later, President Biden announced that the entirety of the federal vehicle fleet would be transitioned to electric automobiles.

READ MORE: Paul Pelosi Jr. Nearly Killed a Homeless Man in Fit of Rage, Alleges Ex-Girlfriend

Reports: Pelosi’s husband made huge Tesla buy prior to Biden’s electric vehicle announcement | Just The News https://t.co/JG1lIOxVez

— John Solomon (@jsolomonReports) January 30, 2021

John Pudner, the executive director of TakeBack.org – a conservative non-profit group that watchdogs special interest groups and the connected in Washington, DC – called the acquisition of Tesla stock by Mr. Pelosi “corrupt and unacceptable.”

READ MORE: Pelosi’s Son Tied To Fraud Ring That Tried To Sell Nancy’s Solar Tax Credits For Millions

One former federal prosecutor said of Pelosi’s Tesla buy, “Even if the actual charges are not provable beyond a reasonable doubt or trigger SEC action, the timing of trades with potential insider information always looks bad.”

In an obvious attempt to distance the Speaker from her husband’s actions – actions from which she, too, benefits financially, a spokesman for the California Democrat said that “[Speaker Pelosi’s] husband, not the Speaker, made the Tesla bets and the Speaker’s political relationships were irrelevant.”

Right before the Biden Admin announces the federal fleet of cars to electric @SpeakerPelosi put another $1 million into Tesla. Nancy Pelosi has plowed up to $1 million into bullish bets on Tesla stock https://t.co/h3MFbaETAo via @YahooNews

— Sean Spicer (@seanspicer) January 26, 2021

Mrs. Pelosi isn’t the only California Democrat elected to federal office whose spouse has benefited from information made available to them, likely through their elected counterparts or close aides.

Controversy has swirled around both US Dianne Feinstein (D-CA) and US Rep. Maxine Waters (D-CA), for the whole of their tenures regarding ironic windfalls their spouses “fell into” after their elections to office.

Tags: ClimateClimate ChangeElectric CarsElon MuskGreen New DealJoe BidenNancy PelosiPaul PelosiStock MarketStocksTesla
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Frank Salvato

Frank Salvato

Frank Salvato is the co-host of the Underground USA podcast and host of the National File podcast RightMinded. His writing has been recognized by the US House International Relations Committee and the Japan Center for Conflict Prevention, and has been published by The American Enterprise Institute, The Washington Times, Accuracy in Media, and Breitbart. Mr. Salvato appeared on The O'Reilly Factor on FOX News Channel and is the author of six books examining internal and external threats facing our country. He can be heard twice weekly on “The Captain’s America: Third Watch” radio program syndicated nationally on the Salem Broadcasting Network and Genesis Communications affiliate stations.

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