Elon Musk Accused of $7.5B Insider Trading in Tesla Investor Lawsuit

[@realchris]

🏠 Start Investing! www.chrisnorlund.com/invest

[@marthafernandez6840]

I couldn’t agree more! It’s amazing how people worship these cons.

[@FactsAboutTheWorld.]

hes a pump and dump guy. Also Tesla fans hate biden but trump wants to stop EVs. They’re all clowns.

[@Hairy.Whodini]

Those Tesla fans don't care about EVs, they only care about the price of the meme stock.

[@gamedgamesdotcom]

Its a mess. Always worrying about someone/thing else but never for yourself.

[@Arewethereyet69]

Thanks for covering this corrupt foreigner.

[@skyybirds]

Greed is the only explanation to these wakos. We live in dark ages where good deeds are bad and bad deeds are the "style"

[@JimMcDade_Exploration]

Thanks for being a calm and cool voice of reason during these difficult and crazy times, Chris.

[@fredrik3685]

Every time you buy a Tesla or use Twitter you're feeding the beast.

[@MrChub65]

Defund Space Karen

[@aaronwalsh8469]

That’s like when Elon talks about Soros being some mastermind behind all kinds of nefarious things when Elon is like 20x richer than Soros.

[@SebastianKrabs]

Why does the world's richest man need a pay raise? Seriously think about it. What could he buy afterwards he cant buy now? Every ketamine fueled idea he has gets instantly funded already.

[@blindfreddy9157]

Ego and power are insatiable. There is no end.

[@Martinmack333]

you're only rich if your assets are greater than your liabilities...this is seriously in doubt in Musk's case...his assets are incredibly leveraged.

[@winterhaydn]

Well, it's meant to go to his Mars fantasy.

[@dukenukem5768]

Bill Gates said that after the first $100 million, more money makes no difference to your life. I don't like Gates either, but that is an informed insight that I can believe.

[@Jessica_Rabbit_]

The irony, Elon Musk loves Trump, but Republicans hate EV’s 😂😂😂😂

[@softwarephil1709]

Trump doesn’t hate EVs. But he doesn’t like taxpayers subsidizing them.

[@Liquoricilicious]

Elon used to be a Democrat. He is objective... when a political party goes too far, he votes for the reasonable party

[@mcboat3467]

​@@LiquoriciliciousLOOK A MUSK RAT. BOOOO GO AWAY INCEL

[@trungson6604]

"...I love humanity so much." that I founded X AI to produce robots and AI to replace human workers and Robotaxi to replace human Uber and taxi drivers.

[@dukenukem5768]

... and sacked what - 10,000 of them recently?

[@trungson6604]

@@dukenukem5768 -- Good point. Should cut work hours of everyone by 10%, except for certain key employees, instead of sudden layoff. The company has invested a lot in each employee's training and time on the job to be proficient, so it is a great waste of resource to just cut them off abruptly.

[@ubahfly5409]

It's worth noting the hypocrisy of Musk's extremely xenophobic & racist anti-immigrant rhetoric.

[@JimMcDade_Exploration]

He’s trying to Make Apartheid Great Again.

[@noway8233]

Musk is an artist conmam , yuo known , dont taken seriuosly , hes is more dumb than yuo think

[@matthew.m.stevick]

He a South African nepo baby that used hard working American taxpayers to subsidize his EV mismanaged disaster (along with blatant lies and fraud in the stock market, etc.)

[@Tazmanian_Ninja]

Xenophobic? How so?

[@Hairy.Whodini]

Margin Call is such a good movie.

[@realchris]

That's why I always recommend it.

[@danshive4017]

The lawsuit should be an open and shut case. Did Elon make SEC filings before trading his stock disclosing all pertinent information? If yes, what he did was scummy, but legal. If not, he should lose the lawsuit AND be fined, if not charged, by the SEC.

[@icelake6843]

Elon paid $44 billion for Twitter.

[@realchris]

Thanks I couldn't remember the exact number.

[@veselekov]

Elon took out a loan of $44 billion with Tesla stock as collateral

[@franciscojavier3109]

@@veselekov He borrowed $13B. The rest of the $44B was from Musk after he sold Tesla shares.

[@veselekov]

@@franciscojavier3109 gee i wonder why he threatened to leave Tesla if he didn’t get free Shares? A mystery never to be solved.

[@KaskoXeroVlogs]

​@@veselekov You're correct margin

[@PerfectoKiss]

Elmo needs to be in prison w/his brother and the rest of Tesla’s execs and board. Utter fraud!

[@thegreatpaulsmith]

The cowboy hat made Kimball smarter

[@artbiznit]

It’s as if Elon has been feeling the heat from the legal system for a while so has decided to go on the defensive. Birds of a feather flock together.

[@PonziZombieKiller]

Yeap

[@larryo6874]

Yes, now Musk is going to be associated with a convicted criminal with 34 felony counts.

[@Tazmanian_Ninja]

My thoughts too. I think he's starting to feel the heat, dark clouds gathering above his head.

[@mikapeltokorpi7671]

Trump promised pay-for-pardon to Musk?

[@haroldmorris5901]

Great Video! You're doing important work.

[@dukenukem5768]

Serious question :- How can a company owner buy or sell shares in their own company without insider knowledge?

[@AndreasWest]

Excellent video, Chris. You had some less interesting ones lately, I do understand it's tough to come up with new ideas for videos all the time but this one is absolutely brilliant. Thanks!

[@johndefalque5061]

I agree with you-no billionaires and homeless! I was shocked by how many homeless I saw in Seoul. I lived in China for 5 yrs, went to the DPRK. Sure I had a minder, but I thought of him as a guide. Aside from all the food/drink words, yabosayo is the only Korean I know. My Chinese, despite 5 yrs of study, is very primary. As an autistic, I would have killed myself for bad grades in Korea. The elderly had no pensions until recently. Korea is hyper competitive.

[@TheTawniest]

Odd you didn't accentuate his statement about falsifying business records being "a trivial matter" more strongly in the context of Tesla's upcoming investor vote.

[@MrYOTOSTAR]

Thanks Chris, your videos are a refreshing antidote to this post-fact society we seemingly are heading to become. Keep it up

[@realchris]

Appreciate you watching! Let's build a community that cares about facts :)

[@matthew.m.stevick]

A little late but the new Drew Gooden from a month ago about cars being dumber is phenomenal, he chews up the cybertruck, I was crying laughing. He is funny.

[@nicoled5160]

44 billion - Twitter price.

[@nicoled5160]

The shares are worth more than half his selling prices are below market price now. So, it’s confusing how they can argue he benefitted in a special way from this.

[@waterwomaninFL]

The “smartest guys in the room“ is a great movie. Great recommendation and very germain to the current news/tech/financial topics you cover. I hope if young people take one lesson away from your posts is you “shouldn’t put all your eggs in one basket”!!!!!!

[@Lovetoall14]

Love Chris!

[@finnya4720]

Thanks for doing god’s work 👍there is not much financial incentive to expose corruption (the truth) but this channel rocks

[@realchris]

Appreciate you watching! And yes you are correct, the money and popularity on KZbin is actually in hyping up people and lying to them.

[@TemplarLove]

Cults are not gonna be happy with this video.

[@FizzleFX]

Marging Call, i do agree, thats a good one. Big short is a bore. Want another one thrilling - ROGUE TRADER .... it shows how addictive money can be. It is about stocks/banking/ yet has a lot in common with crypto.

[@dukenukem5768]

@ 10:30 for example : Trump has lied 30,573 times. Who the heck is counting this stuff? Are they counting Musk's lies too?

[@gamedgamesdotcom]

We're expected to always look outside ourselves, worry about everyone except ourselves unless its through others, then its ok. But its not.

[@bengalusha8352]

Elon sold this stock because he was forced to since he was forced to buy twitter

[@Liquoricilicious]

@@D64nzexcept twitter was fraudulent in their SEC filings about how many users were bots and how many were real, so the valuation was way off

[@trucksanddirt1506]

Musk Bankmann Fried should be in jail, next to his cousins Sam, Elizabeth Holmes, and Trevor Milton

[@saininj]

Oh lets F***ING GOOOOOOOOO!!!!!!

[@FizzleFX]

8:30 "ANYONE~ WINK WINK" (that one goes out to his billionaire friends and political crooks of the right wing :)

[@MrJamiez]

musk has been too high on ketemaine 😂

[@mmmmmmmmmm493]

That's big, actually.

[@thirdrockjul2224]

Another sad day for America.

[@mikapeltokorpi7671]

Apparently 10% of the retail investors (or about 3% of votes) can not vote for Musk's comp plan because of 'technical issues' that prevents votes casting from outside US.

[@QuantumEX]

Sir, is there a reason why you are telling people facts!? Facts hurt feelings, feelings hurt egos, hurt egos lead to denial of one's own existence. So, there is no need for facts and truth.

[@tonycardazzi6301]

👍👍👍

[@comedymental5262]

Only Steaven is above the law

[@lukeorloki]

lol at the ultra-rich realizing that their undeserved parasitic riches don't always put them out of reach for their criminal behavior

[@softwarephil1709]

Musk is 100% right about Trump’s trial being politically motivated. The payment was properly reported as legal expenses, because the matter was resolved by his lawyer.

[@juanmoreno6071]

I don't like Elon

[@Itory1337]

Sorry for the wall of text, but... How can you defend such people? Simple - you just need someone who constantly rewrites the truth so blatantly that there are people who admire it when you go against the facts like that. You know better, but you carry on, you spin the narrative until you become complicit. You are also pushed in this direction by others, the guys that tell you how bad your chosen path is, so that you only receive confirmation within your own group - outside of it, you are lonely, isolated and, depending on the degree of financial participation, possibly even broke. Then there are those who join the game because they recognize bubbles in the market and want to avoid being too clever too soon and only want to leave the roulette table as late as possible in order to take the peak with them. They continue to do this and keep the market alive for as long as it brings them advantages. Then, at some point, they get up and leave everyone else out in the cold. When the two groups meet, it is advantageous for both to join forces for a while. However, there are not only players at the table, but also the dealer, who also controls the game. The dealer is also very good at recognizing who is a believer and who is a knower - and distrusts both sides - just as the knower knows that the dealer knows about him. The only fools in the game are the useful sheep, which both the dealer and the knower will shear in due course. But the dealer also has a problem: he has to play the game for as long as he needs to. Although he knows earlier than those in the know when the game will end, there are still a few other players who are playing against him and are also sitting at the table - but some of them are open and some are hidden. They are betting against him, against those in the know, against the sheep. And then there is the state, which monitors everything and interferes if necessary. But the really good dealer attacks them because he knows that he has an army of sheeps and others who are interested in keeping the game going just long enough. Preferably forever: you milk people and milk them again and again and again. It's a trial of strength, but laws were made for such cases because citizens are made to be sheeple, thinking they realize and not understanding that they are being manipulated, only to admit surprise later. There are heaps of examples in history. Later it was a fever dream for everyone and no one ever wanted to have known anything. People know very well very soon - they just _want_ to believe. And they want to be controlled, because someone is nurturing their belief - and for some people that's already enough.

[@realchris]

Appreciate your in-depth thoughts on this stuff. As you point out this has gone on throughout history and is a feature of the system, not an anomaly. And as you know ultimately the sheep get slaughtered.

[@Itory1337]

@@realchris Unfortunately, it is also historically known how things stand with those who know better. People don't want to listen to them beforehand because they shake the foundations of faith. Afterwards, people don't want to listen to them because they are already down and don't want to be reprimanded. And if you then suggest that they should at least learn from history, they will say that you should also stop being constantly reminded of it. Only to then step into the same pile again. Those who do not learn from history are cursed to repeat it. Those who close their minds to facts will inevitably be crushed by them. Fate will come because you will never beat the math in the game. In the end, the dealer defeats himself because his hubris is inherent to his failure. The only question is: “when”

[@realchris]

You should read my book, you'll really like it. A big theme is facing reality.

[@Itory1337]

@@realchris Ok, I will go for it :)

[@randywatson8347]

Ofcourse... he's quoting a Musk vanity account...

[@realchris]

One could argue vanity platform, hehe.

[@PonziZombieKiller]

Wudda scam...

[@forlan55]

Quick question for you, if this guy is a fraud like your channel say about him, how he and his company made the best selling car model world wide?

[@Liquoricilicious]

Nuh uh, every billionaire is bad and evil. Big billionaire = big bad. We must steal $54B from him 😅

[@gamedgamesdotcom]

How about Hunter Bidens laptop.

[@badguy2419]

This information is useless 😒

[@upload638]

Unless you are interested in criminal activity.

[@TemplarLove]

I heard cultists doesn’t like people talk about Elon…

[@badguy2419]

How are we supposed to make money from this information 🤔