Name: Did Nancy Pelosi's Husband Buy Tesla Stock Ahead of Electric Car Mandate?
Uploaded: 2022-04-08T17:02:04.000Z
Description: Watch the stand-up comedy video 'Did Nancy Pelosi's Husband Buy Tesla Stock Ahead of Electric Car Mandate?' from PowerfulJRE on Comedy Buff. Published 2022-04-08. Transcript available.

Watch the stand-up comedy video 'Did Nancy Pelosi's Husband Buy Tesla Stock Ahead of Electric Car Mandate?' from PowerfulJRE on Comedy Buff. Published 2022-04-08. Transcript available.

The Joe Rogan experience.
The amount of stock trading that's done by members of Congress, the amount of
fucking
money that they make when they know decisions that are going to be signed and
passed.
They know laws that are going to be put into place.
They know, like there was one recently, they were talking about Nancy Pelosi
and the amount
of money she invested in Tesla right before Biden signed this EV bill, electric
vehicle
bill, it's like 1.2 million, find out if that's true.
They should all have to put their money in trusts while they're in office that
are done in fucking
mutual funds, index funds, things that are auto-generated buying and not
individual stocks.
Well, insider trading is against the law.
How is that not insider trading?
If you know that someone's going to sign a bill and that bill is going to be a
massive
boost to the electrical vehicle industry, just as an example, and you know that
bill is
going to be signed.
Before that bill signed, you buy a fuckload of stock in electrical vehicles and
then the
next day, or whenever it was, that bill gets passed and then that stock goes up
and you
make a shit ton of money.
How is that not illegal?
They put Martha Stewart in jail for stock trading.
Yeah.
Remember that?
Right.
For illegal insider trading?
Yeah.
How is it what the Congress does?
How is that?
They should not be able to buy and sell individual stocks.
That's it.
Especially not shit where they have inside access.
And then keep an eye on their fucking brother-in-law too because they're making
some phone calls.
Exactly.
Or their husband.
Yeah.
Yeah.
Well, that's the Nancy Pelosi thing.
Yeah.
She's worth like $200 million.
Hmm.
She makes a couple hundred grand a year.
Jesus.
That's crazy.
I need an inside tip, man.
I got one inside tip in my life from a friend of mine.
He was a guy I went to high school with and then he was on Wall Street.
He never gave me any stock tips.
And then I got my first development deal and he calls me up one day and he whispers.
He goes, "Bah."
I'm not going to say the stock number because I don't want him to get in
trouble.
But he gave me the inside tip and I bought it at 15 and I put a lot of money in
and it
went up to $20 and then it doubled and then it doubled and then it doubled and
it was all
the way up to like $350 a share.
And I said, "My strike price is $400.
I'm fucking selling this at $400.
I would have made hundreds of thousands of dollars."
And then it went $325 and then it went $250 and it came all the way.
I sold like half of it on the way down.
So I made some but it came all the way down.
This all happened within a month.
It went up and down like that.
Oh, it was a pump and dump.
Is that what it is?
Yeah, they do that.
They trick people into buying the stock and then a bunch of people also buy the
stock.
Stock price goes up and then you sell.
Is that what happened with like GMC and-
Hold on.
"Pelosi's husband invested in Tesla, but not as viral post claims."
Okay.
So it's bullshit.
House Speaker Nancy Pelosi purchased $1.25 million in stock from the electric
vehicle
company, Tesla.
A day later, on January 25th, President Joe Biden signed an executive order
requiring all
federal vehicles to be electric.
Excuse me.
A day later, after she buys $1.25 million in stock on Tesla, Biden signs an
executive order
requiring all federal vehicles to be electric.
It says partly false.
It's true that Pelosi's husband invested up to a million dollars in call
options for Tesla
stock in December, according to the financial disclosure documents, claims that
the representative
bought $1.25 million in shares one day before Biden's executive order are
inaccurate.
The facts, a viral meme wrongly accusing Pelosi of investing millions in Tesla
the day before
Biden signed an executive order on electrical vehicles, circulated widely on
Facebook on
Monday with millions of views, more than 275,000 shares.
The Post paired a picture of Pelosi next to a photo of Biden signing the order.
In some versions of the Post, the banner over the top of the images used sarcasm
to eloquently-
to obliquely, rather, suggest Pelosi engaged in insider trading, reading, "Wow,
what are
the odds of that?
Talk about luck.
What are the odds?"
Da-da-da-da-da.
Keep going.
It's true that the husband, Paul Pelosi, made a Tesla investment recently,
according to the
House Speaker's financial disclosure documents published on January 21st;
however, the date
and the amount of the investment don't match the claim that's circulating
wildly online.
According to Pelosi's latest periodic transaction report filed with Congress,
her husband on
December 1st invested between $500,000 and $1 million.
So it's only off by a little.
And 25 call options for the Tesla stock at a strike price of $500 in March of
2022.
Call options are financial contracts that give the buyer the right to buy
shares of a stock
for a certain amount, the strike price, until a set expiration date.
Biden signed his executive order directing federal officials to transition
federal, state,
local, and tribal government fleets to clean and zero emission vehicles on
January 27th,
more than a month after Pelosi's husband made the investment."
Yeah, but for sure she knew he was going to do that.
That's only a month difference.
Well, it's also-
It's not saying a day later.
It's still a million dollars and it's a month later.
So it's inaccurate in a sense, but it's accurate that they had to have been
discussing.
Well, it's also one of the most widely traded stocks in America.
True, but that's a giant decision that's made that boosts the stock
significantly.
Right.
And for sure, she has an insider track on it.
And also, how'd you get a million bucks to invest?
Where's that coming from?
Well, didn't you-
How much is she worth?
300 million or something?
Where'd you get that?
Right.
Trading.
Yeah.
It's all trading.
What does her husband do?
Is he a trader?
That's a good question.
I don't know.
He's really good at it if he's a trader.
You know, you can mirror Pelosi or anybody's trades.
You can track what they hold in their portfolio.
Can you just buy what they buy?
You can buy exactly what they buy.
Oh, you'd be killing it.
It's federal.
People do that at this show on TikTok.
Like, I'm just buying what they buy.
Good move.
Killing the game.
Yeah.
That's a good move.
Just follow Pelosi.
Buy what that lady makes.
Yep.
Maybe she's just a genius.
Maybe.
Yeah.
But so it seems like he bought a million dollars worth of stock
a month before they signed that order.
That seems like that should be an issue.
That seems like it's controversial.
No.
I mean, there's those kind of decisions are discussed.
Yeah.
Like transitioning of the entire fleet to electric vehicles.
That's not something someone comes up with on a whim the day before they write
that down
and say it in front of the world.
That's something that gets discussed.
Yeah.
I assume.
Wouldn't you assume?
I don't, you know, I don't know if, who knows?
I know that I was going to buy Tesla and my, my broker talked me out of it and
then it
went crazy.
Your broker talked you out?
Yeah.
He said that the fundamentals were bad.
Their supply chain wasn't going to be there when they, they couldn't meet the
needs of all
the Tesla's that they were selling, which was all wrong.