Marjorie Taylor Greene’s high-stakes 2025 bet on electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) is sinking further into negative territory as the company struggles to regain its footing.
The lawmaker has been one of the most active Congress traders, showing confidence in Tesla stock with a series of purchases since late 2024.
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One of her latest trades occurred on January 8, when she made purchases ranging between $1,001 and $15,000 per transaction, with the stock trading at $394.94.
Just over two months later, Greene’s investment in TSLA has tanked, with Tesla plunging over 36% to $253 since then
The Georgia representative has aggressively accumulated TSLA stock from September 2024, making nearly 10 purchases. Some of these acquisitions occurred on September 3 at $210.60, October 21 at $218.85, November 1 at $248.98, and November 7 at $296.91.
She also made additional purchases on March 7 at $262.67. Given Tesla’s rally following some of these buys before its current pullback, certain positions may now be in the green while others remain underwater.
Greene has been on a stock-buying spree recently, spending around $400,000 on various equities in February. Her purchases have sparked suspicion as a top congressional trader, given that she may have access to insider information as an elected official.
Tesla’s 2025 struggles
In general, Tesla’s plunge has mirrored the broader stock market downturn, as investors remain on edge amid economic uncertainty driven by President Donald Trump’s trade tariffs.
The company is also facing boycotts over CEO Elon Musk’s political stance, which critics see as polarizing. At the same time, Tesla is grappling with declining sales in key markets as competition from Chinese EV makers intensifies.
However, if Greene maintains a long-term outlook on Tesla stock, her position could be supported by bullish sentiment on Wall Street. Specifically, in a Monday, March 31 note, Stifel reaffirmed its ‘Buy’ rating on Tesla while trimming its price target from $474 to $455, citing near-term sales headwinds.
Analyst Stephen Gengaro highlighted the rollout of the new Model Y and declining favorability among Democrats as factors affecting demand.
Despite lowering delivery forecasts, Stifel remains bullish on Tesla’s medium- to long-term prospects, though it expects continued share price volatility in the near term.
Featured image via Shutterstock
