President Joe Biden’s $2 trillion infrastructure plan includes a provision to boost electric vehicle use—which House speaker Nancy Pelosi (D., Calif.) stands to personally benefit from.
Pelosi’s husband Paul purchased between $500,000 and $1 million in Tesla investments in December. Biden’s infrastructure plan will lead to a windfall for Tesla and its shareholders. On Wednesday, Biden unveiled his sweeping plan, which sets aside $174 billion for electric vehicle subsidies, charging stations, and other provisions designed to push more Americans into electric cars over a decade.
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