Congress Members Trade Tesla Stock After Trump’s Election Victory

Tesla, Inc. TSLA saw its stock price surge in 2024 following Donald Trump‘s presidential election victory. This increase in stock value not only boosted the wealth of CEO Elon Musk but may have positively impacted several members of Congress as well.

Here is a summary of congressional transactions involving Tesla stock that occurred after the 2024 election.

Congress Investing in Tesla: Noteworthy Transactions

Members of Congress are permitted to buy and sell stocks, including options; however, they must report their trades within a specific timeframe. Recent trading activity among Congress members has drawn scrutiny due to concerns about potential access to insider information based on committee assignments and government contracts.

Following Trump’s election, some lawmakers appear to have purchased Tesla stock, speculating on Musk securing a position in the new administration. This move could enhance Tesla’s prominence and influence legislative support for its initiatives.

Recent Transactions of Tesla Stock in Congress

Here is a list of Tesla stock trades recorded since the 2024 election, organized chronologically:

• March 7: Rep. Marjorie Taylor Greene (R-Ga.) purchased between $1,000 and $15,000
• March 6: Rep. Rob Bresnahan (R-Pa.) sold between $1,000 and $15,000
• Feb. 27: Rep. Rob Bresnahan sold between $1,000 and $15,000
• Feb. 26: Rep. Gilbert Cisneros (D-Calif.) bought between $1,000 and $15,000
• Feb. 14: Rep. Josh Gottheimer (D-N.J.) sold between $1,000 and $15,000
• Feb. 13: Rep. Josh Gottheimer sold between $1,000 and $15,000
• Feb. 12: Rep. Julie Johnson (D-Texas) sold between $15,000 and $50,000
• Feb. 11: Rep. Julie Johnson sold between $1,000 and $15,000
• Feb. 5: Rep. Josh Gottheimer bought between $1,000 and $15,000
• Jan. 31: Rep. Josh Gottheimer bought between $1,000 and $15,000
• Jan. 30: Rep. Josh Gottheimer bought between $1,000 and $15,000
• Jan. 28: Rep. Josh Gottheimer bought between $1,000 and $15,000
• Jan. 8: Rep. Marjorie Taylor Greene bought between $1,000 and $15,000
• Jan. 8: Rep. Marjorie Taylor Greene bought between $1,000 and $15,000
• Jan. 8: Rep. Marjorie Taylor Greene bought between $1,000 and $15,000
• Jan. 8: Rep. Marjorie Taylor Greene bought between $1,000 and $15,000
• Dec. 3: Rep. Josh Gottheimer bought between $1,000 and $15,000
• Nov. 27: Rep. Josh Gottheimer bought between $1,000 and $15,000
• Nov. 26: Rep. Josh Gottheimer bought between $1,000 and $15,000
• Nov. 20: Rep. Josh Gottheimer bought between $1,000 and $15,000
• Nov. 14: Rep. Josh Gottheimer bought between $1,000 and $15,000
• Nov. 13: Rep. Morgan McGarvey (D-Ky.) sold between $1,000 and $15,000
• Nov. 12: Rep. Josh Gottheimer bought between $1,000 and $15,000
• Nov. 11: Rep. Josh Gottheimer bought between $1,000 and $15,000
• Nov. 8: Rep. Michael Patrick Guest (R-Miss.) bought between $1,000 and $15,000
• Nov. 7: Rep. Marjorie Taylor Greene bought between $1,000 and $15,000

Notably, on Oct. 28, Senator Sheldon Whitehouse (D-R.I.) sold Tesla stock valued at $100,000 to $250,000 as well as $15,000 to $50,000, completely exiting his position. This transaction was reported on Nov. 7.

The Implications of Congressional Trading

Why It Matters: The bulk of stock transactions associated with Tesla since the election have primarily involved Greene and Gottheimer.

Greene, a strong ally of Trump, was actively purchasing Tesla stock before the election and holds a position in the Department of Government Efficiency alongside Musk. Therefore, her trading behavior is less surprising.

Gottheimer stands out as one of the more proactive traders within Congress. Nevertheless, his ownership of Tesla stock may not align well with his party, considering the significant support Musk receives from Republican circles.

Additional Democratic representatives, including Johnson and McGarvey, opted to sell their Tesla stock after Trump’s election and Musk’s elevation in the administration.

Cisneros made a purchase in February before publicly criticizing Musk shortly thereafter, remarking, “He basically bought himself the Presidency of the United States. I have no doubt he is the one calling the shots,” during a Forbes interview.

McGarvey’s November sell-off might be noteworthy, particularly given that he ranked among the leading stock performers in 2024.

Market Performance of Tesla

Price Action: On Wednesday, Tesla stock rose 4.8% to $281.34, increasing from a 52-week trading range of $138.80 to $488.54. Year-to-date, Tesla stock is down 25.9% in 2025.

On Nov. 5, Tesla stock closed at $251.44, then opened at $284.67 on Nov. 6 after Trump’s election confirmation.

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