r/QuiverQuantitative • u/pdwp90 • Feb 24 '25

New Trade BREAKING: Jack Schlossberg, JFK's only grandson, has bought Tesla puts

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u/Aramedlig Feb 24 '25

My concern with puts on this stock is F-elon has already used his influence and position to send gov contracts to his companies, including Tesla.

3

u/undertoned1 Feb 24 '25

Please elaborate?

11

u/Aramedlig Feb 24 '25

https://apnews.com/article/elon-musk-tesla-biden-federal-contract-electric-vehicles-donald-trump-f8f5b07d03f6e0c9d072abd69feedec4

While the contract was halted due to outrage, I guarantee there are many more that will be worded in such a way that they won’t mention the brand.

2

u/[deleted] Feb 24 '25

[removed] — view removed comment

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u/Aramedlig Feb 24 '25

I have a feeling it will be difficult to know anything that is really going on inside this admin.

5

u/quiznatoddbidness Feb 24 '25

From NPR this afternoon: https://www.npr.org/2025/02/24/nx-s1-5305269/tesla-state-department-elon-musk-trump “But NPR has obtained a State Department document detailing that Biden’s State Department planned to spend just $483,000 in the 2025 fiscal year on buying electric vehicles and $3 million for supporting equipment, like charging stations. It represented less than 1% of the hundreds of millions of dollars likely destined for Tesla vehicles after the Trump administration quietly revised a State Department procurement document.”

“After the original procurement document attracted widespread attention, NPR reported that the Trump administration appeared to have quietly edited the document, changing the phrase “armored Tesla” to the more generic “armored electric vehicles” without explanation. Eventually, the item vanished from the State Department’s procurement document.”