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by lefrenchy 1798 days ago
She is one of the most powerful legislators in the country. If she lobbying and pushed for EV credits for instance, it could greatly affect the price of the stock. If she were to put up roadblocks to block inquiries into Tesla safety concerns or issues of the sort, it could prevent massive price changes in the stock.

Just because Elon Musk has more power over the stock does not exonerate her from buying potentially massively lucrative options on a stock that she has power to affect. My understanding is she is not under the same restrictions as a CEO would be when trading that ticker, and she also has entirely different incentives than CEO's do. CEO's have the incentive to make the company perform well because their compensation is tied to the share price. Nancy Pelosi in this case has the incentive to rule favorably for Tesla because her options will benefit from it. Those incentives are very very different.