It seems that Majorie Taylor Greene’s fortune in the stock market has taken another turn for the worse.
The controversial Georgia congresswoman had, for a long time, been one of the worst traders on Capitol Hill — to the extent that some commentators were even considering an ‘inverse Marjorie’ strategy.
However, that changed in the last quarter of 2024, as the representative reoriented her investments toward big tech. Tesla stock (NASDAQ: TSLA) was one of her biggest winners.
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In fact, Marjorie Taylor Greene began investing in TSLA in early September. Finbold’s congressional trading radar has picked up a total of 9 equally-sized purchases made over the course of 2024 and 2025.
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Despite the fact this appeared to be a winning strategy at first, the electric vehicle (EV) maker’s shares have seen significant downward pressure since the start of the year. Let’s take a closer look at exactly how significant the congresswoman’s losses are.
MTG’s Tesla stock investments have lost more than a quarter of their value
MTG’s purchases of Tesla stock happened on the following days, and at the following prices:
- September 3 — $210.60
- October 21 — $218.85
- November 1 — $248.98
- November 7 — $296.91
- January 8 — $394.94
- March 7 — $262.67
On each of these days, with the exception of January 8, Taylor Greene invested between $1,001 and $15,000 in Tesla stock. On January 8, she made four such transactions — bringing the value of that particular trade to between $4,004 and $60,000. In total, the congresswoman has invested between $9,009 and $135,000 in TSLA shares.
By press time on March 19, Tesla stock was trading at a price of $231.23, having marked a 42.74% decline since the start of the year. The price of TSLA shares is still some 34.97% higher than it was this time last year.
To save us from having to use another bullet point list, the congresswoman’s losses round out to 26.14%. In absolute dollar terms, this means she has lost between $2,352 and $35,289 thus far on her Tesla stock investment.
What’s more, there may very well be further losses to come. Global interest in the term ‘sell Tesla stock’ has hit a 1-year high on Google, while numerous Wall Street firms have slashed their price targets for TSLA shares.
Featured image via Shutterstock
