[World Now] Pelosi’s husband, Tesla stock call option investment… “The morality controversy”

US House of Representatives Speaker Nancy Pelosi’s husband has used options to invest in Tesla stock, US media reports all at once.

According to Pelosi’s husband Paul Pelosi’s stock transactions, on the 22nd of last month, Pelosi signed 25 call options for Tesla stock, and the purchase amount was between $500,000 and $1 million.

This is the right to buy Tesla shares for $500, and the contract expires on March 18, 2022.

Pelosi also signed 100 call options to buy Apple stock for $100.

The purchase amount of the Apple call option is reported between $250,000 and $500,000, and the contract expires on January 21, 2022.

Businessman Paul Pelosi, his wife, Chairman Pelosi, is a public official, so any financial transaction of more than $1,000 must be disclosed within 30 days.

The call option invested by Paul Pelosi refers to the right to buy stock at a promised strike price when it expires. Market experts say Pelosi made a large-scale investment in anticipation of a further rise in Tesla stock price.

American media reported that there is a moral controversy in this regard.

In particular, Fox News, a conservative medium, said, “Chairman Pelosi is in a position to know in advance the policies to foster the electric vehicle industry, such as tax cuts and incentives from the Biden administration.” It is inappropriate to go on to,” he criticized.

Pelosi’s side did not take a stand on inquiries from the US media regarding her husband’s stock purchase.