Tesla (NASDAQ:TSLA) Stock Acquired Rep. Marjorie Taylor Greene

Greene Bought 14,500 shares of Tesla at $47.34

Marjorie Taylor Greene, a Republican representative from Georgia, has acquired 14,500 shares of Tesla (NASDAQ:TSLA) stock, at a price of $47.34 per share.

Greene disclosed the purchase in a financial disclosure filed with the House of Representatives. The purchase was made on 9 Nov. 2023, and the shares are now worth approximately $740,000.

Greene is a vocal supporter of Tesla and CEO Elon Musk

Greene has been a vocal supporter of Tesla and its CEO, Elon Musk, in the past. In a tweet in 2021, she praised Musk as "a genius" and said that Tesla was "the future of transportation."

Greene's purchase of Tesla stock is a sign of her confidence in the company and its future prospects.

Tesla's stock price has been volatile in recent months

Tesla's stock price has been volatile in recent months, falling from a high of over $1,200 per share in November 2021 to a low of around $170 per share in May 2022.

The stock has since recovered somewhat, but it is still trading well below its all-time high. Some analysts believe that Tesla's stock is still overvalued, while others believe that it is a good long-term investment.

Greene's purchase is a small investment for her

Greene's purchase of Tesla stock is a relatively small investment for her. Her net worth is estimated to be between $3 million and $15 million, according to OpenSecrets.org.

However, the purchase is still a significant investment for Greene, and it is a sign of her confidence in Tesla's future.