While Nancy Pelosi's Purchase Of Tesla Stock Options Isn't Illegal - Isn't It Part Of A Larger Problem?

There’s a lot of fascinating things happening in the strangely made-up world of the stock market lately, and there’s a lot going on politically. Also, cars, specifically, electric cars. Lots going on everywhere, really, which is why I think it’s worth taking a moment to talk about House Speaker Nancy Pelosi’s purchase of a lot of “call options” of Tesla stock, and how we feel about it.

So, here’s what’s going on: a disclosure filing has revealed that House Speaker Nancy Pelosi (D-Calif.) purchased “25 call options with a stake price of $500 and an expiration date of 3/18/2022.”