Tesla, Inc. TSLA stock soared in 2024 after Donald Trump won the presidential election. The rising price helped boost the wealth of CEO Elon Musk and may have helped boost the wealth of members of Congress.
Here’s a look at members of Congress who bought and sold Tesla stock since the 2024 presidential election.
Congress Goes Shopping: Members of Congress can buy and sell stocks and options as long as they report the transactions within a given time limit. Congress trading has proven controversial in recent years with the potential of members having inside information from committee assignments and government contracts.
Congress members may have bought Tesla stock after the election, knowing that Musk would likely get a role in the new White House administration. This could have helped boost the presence of his electric vehicle company and ensure that policies supported the growth of Tesla.
Here’s a look at the buys and sells of Tesla stock since the 2024 election, as tracked by the Benzinga Government Trades page, going from most recent to oldest:
- March 7: Rep. Marjorie Taylor Greene (R-Ga.) bought $1,000 to $15,000
- March 6: Rep. Rob Bresnahan (R-Pa.) sold $1,000 to $15,000
- Feb. 27: Rep. Rob Bresnahan sold $1,000 to $15,000
- Feb. 26: Rep. Gilbert Cisneros (D-Calif.) bought $1,000 to $15,000
- Feb. 14: Rep. Josh Gottheimer (D-N.J.) sold $1,000 to $15,000
- Feb. 13: Rep. Josh Gottheimer sold $1,000 to $15,000
- Feb. 12: Rep. Julie Johnson (D-Texas) sold $15,000 to $50,000
- Feb. 11: Rep. Julie Johnson sold $1,000 to $15,000
- Feb. 5: Rep. Josh Gottheimer bought $1,000 to $15,000
- Jan. 31: Rep. Josh Gottheimer bought $1,000 to $15,000
- Jan. 30: Rep. Josh Gottheimer bought $1,000 to $15,000
- Jan. 28: Rep. Josh Gottheimer bought $1,000 to $15,000
- Jan. 8: Rep. Marjorie Taylor Greene bought $1,000 to $15,000
- Jan. 8: Rep. Marjorie Taylor Greene bought $1,000 to $15,000
- Jan. 8: Rep. Marjorie Taylor Greene bought $1,000 to $15,000
- Jan. 8: Rep. Marjorie Taylor Greene bought $1,000 to $15,000
- Dec. 3: Rep. Josh Gottheimer bought $1,000 to $15,000
- Nov. 27: Rep. Josh Gottheimer bought $1,000 to $15,000
- Nov. 26: Rep. Josh Gottheimer bought $1,000 to $15,000
- Nov. 20: Rep. Josh Gottheimer bought $1,000 to $15,000
- Nov. 14: Rep. Josh Gottheimer bought $1,000 to $15,000
- Nov. 13: Rep. Morgan McGarvey (D-Ky.) sold $1,000 to $15,000
- Nov. 12: Rep. Josh Gottheimer bought $1,000 to $15,000
- Nov. 11: Rep. Josh Gottheimer bought $1,000 to $15,000
- Nov. 8: Rep. Michael Patrick Guest (R-Miss.) bought $1,000 to $15,000
- Nov. 7: Rep. Marjorie Taylor Greene bought $1,000 to $15,000
It is also worth noting that Senator Sheldon Whitehouse (D-R.I.) sold $100,000 to $250,000 and $15,000 to $50,000 worth of Tesla stock, fully exiting a position in the EV company, on Oct. 28. The transaction was reported on Nov. 7.
Why It’s Important: Transactions involving Tesla stock since the election have mostly been from Greene and Gottheimer.
Greene, who was buying Tesla stock before the 2024 election, is a close Trump ally and holds a role in the Department of Government Efficiency alongside Musk. Her purchases likely won’t be a huge surprise.
Gottheimer is one of the most active traders in Congress. Still, his role in the Democratic Party and ownership of Tesla stock since the election likely isn’t a huge positive for his party, given the support Musk gets from the GOP.
Other Democratic members of Congress, like Johnson and McGarvey, sold their Tesla stock after Trump won the election and Musk became involved with the White House administration.
Cisneros bought Tesla stock in February and, several days later, spoke out in opposition to Tesla’s CEO.
“He basically bought himself the Presidency of the United States. I have no doubt he is the one calling the shots,” Cisneros said of Musk in a February interview with Forbes.
McGarvey’s sale of Tesla stock in November after the election might also be worth watching since the Congress member was one of the top-performing stock pickers in 2024.
Price Action: Tesla stock is up 4.8% to $281.34 on Wednesday versus a 52-week trading range of $138.80 to $488.54. Tesla stock is down 25.9% year-to-date in 2025.
Tesla stock closed at $251.44 on Nov. 5 and opened for trading at $284.67 on Nov. 6 after Trump’s victory was confirmed.
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