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Date: 2025-08-22 Page is: DBtxt003.php txt00027968

TRUMP WALL STREET AND ELON MUSK Chris Norlund: Wall Street DUMPED Elon Musk PLAY YOUTUBE VIDEO Original article: https://www.youtube.com/watch?v=F2OlLNMPA10 Peter Burgess COMMENTARY Peter Burgess
Wall Street DUMPED Elon Musk Chris Norlund 173K subscribers Feb 5, 2025 🎯 Join the channel today! / @realchris 🧋 Buy Me a Coffee! https://ko-fi.com/norlund ⭐ If you enjoy the channel, you will love my book! It's called Positive Angle and it's available on Amazon in paperback and Kindle ebook. 📖 Check it out! https://www.chrisnorlund.com/book And if you've read the book, I'd love it if you could leave a review 💌 ⭐ Your support of independent news is greatly appreciated! 💌 🪁 Our Vlog Channel / @chrisandyeji 📸 Gear used to make videos https://amzn.to/4askl9m Disclaimer: Opinions expressed in this video are my own. Content is for education and entertainment. Make decisions suitable for your particular circumstances. PS: Affiliate links and cool kids like you help support the channel. This content is provided by a paid influencer of Interactive Brokers. 16:10 Elon Musk biggest FRAUD in history on Tesla stock earnings call by Chris Norlund 20:34 Elon Musk Tesla Stock Fraud Destroys Billions to Avoid Tax by Chris Norlund Transcript 0:00 so Wall Street just dumped Elon Musk as we watched the largest and most craziest shell game in history that's the subject of today's video and these are the headlines Banks sell 5.5 billion of X loans after investor interest surges so we're talking about Wall Street Banks dumping X Twitter debt onto other people and you got this cuz it's a multi-layered story elon's bizarre behavior is killing Tesla sales how much well Tesla sales plunged 63% in eu's second biggest EV market so we're talking about France and then you got this Tesla sales in Europe plummet am Miss elon's stupid meddling Tesla's turned toxic as sales crash in Europe and UK uh give you some numbers here Tesla sales plunged 59% in Germany to lowest level in years but wait there is more um as you guys know I just made in 1:00 my prior video Elon is involved with all 1:03 sorts of stuff in the USA it looks like 1:05 many of these things are legal in my 1:07 opinion he should be and his team should 1:08 be arrested uh and it's affecting sales 1:11 in Tesla right Tesla stock falling 1:14 California might be turning against Elon 1:16 Musk and you got this Tesla sales 1:18 decline in California model 3 plunging 1:21 36% but wait there is more you got 1:24 Australia Tesla sales are plummeting 1:27 there as well and um talk about the UK 1:30 it's like multiple countries because 1:31 right this guy runs a company and it's 1:32 all around the world uh Chinese Rivals 1:34 overtake Teslas as Britain turns against 1:37 musk um there's a combination of people 1:39 don't like musk there's more competition 1:41 and Tesla cars are out of date and 1:43 haven't been refreshed musk hole you 1:45 know stick right now is like guys I'm 1:47 going to be awesome because I'm going to 1:49 sell you robots for real 1:52 people I know is as stupid as it sounds 1:55 he's going to tell you humanoid robots 1:57 um and uh you know this comes in a time 1:59 when like sales are slumping uh people 2:01 don't like him and you got the high 2:03 valuation meaning that Tesla stock is 2:06 overpriced by Leaps and Bounds I just 2:08 show you some numbers on the screen pees 2:10 in the hundreds and 30s 60s 190s that 2:13 kind of stuff and you got vehicles that 2:15 are hurting people you do not want these 2:17 kind of headlines uh when you're a 2:19 company of course we got nearly killed a 2:22 Tesla cybertruck owner says full 2:24 self-driving caused massive crash so 2:26 they were lucky but unfortunately and 2:29 they make no jokes uh these people were 2:30 unlucky Teslas do uh hurt people kill 2:34 people uh Tesla crashes leaving ly man 2:36 dead two others injured in Lamont 2:38 Township this is in Chicago this is in 2:41 uh New York and this is just the last 2:43 couple of days a driver killed passenger 2:45 injured after Tesla crashes and burst 2:47 into flames in New York City all while 2:51 all these things are going on where 2:53 people are dying in his cars people are 2:55 selling his debt over at uh X he's 2:58 getting involved in politics and he 3:00 somehow has time to tweet about video 3:02 games and say he's going to be playing 3:04 video games and and watch his Stream So 3:06 if you want to watch Elma stream video 3:07 games I guess he's doing it on starlink 3:09 tonight right like what the heck is this 3:12 guy up to um this is also things that he 3:14 tweets out to piss off people around the 3:16 world uh February 2nd people of Europe 3:19 join the mega movement make Europe great 3:22 again one of his promotion stock 3:24 accounts uh says here hey how how can 3:27 Americans help as if you want Americans 3:29 getting involved 3:30 in European Politics on top of that um 3:33 please see this old video if you haven't 3:34 already Twitter was an awful deal for 3:37 Wall Street one of the worst since the 3:39 great financial crisis um check out that 3:42 and I mentioned this because I think one 3:44 of the things that could be and it's 3:45 hard to say because this is where you 3:47 know you have to do some investigation 3:49 and this kind of stuff um is there 3:51 foreign money propping up Tesla SpaceX 3:55 uh Twitter right Elon Musk himself uh 3:57 who knows uh you'll get these headlines 3:59 up every now and then where for example 4:01 it says Russian oligarch held stake in 4:03 mus SpaceX through the trust while he 4:06 was sanctioned it's like okay how is 4:08 that even a thing um then you have this 4:10 Ela mus secret talks with Putin ramped 4:12 up during his Twitter takeover that was 4:14 back in October I'm mentioning these 4:16 things because sometimes people don't 4:17 realize like how much uh this sort of GL 4:20 guys reaches all over the world and 4:22 multiple uh entities are involved even P 4:24 Diddy was part of this thing he actually 4:26 invested in Twitter Jack dorsy there was 4:28 Sai money in it there was Russian money 4:30 in it uh Elon Musk when you call him out 4:32 on places like Reddit uh he'll get uh 4:35 your Forum blocked this came out 4:37 February 5th Reddit blocks white people 4:39 Twitter Forum after mus says Doge post 4:42 broke the law and on top of that again 4:46 he's supported by all kinds of things 4:47 now this one I'm not sure I'll be I'll 4:49 be frank I'm not sure now I'll explain 4:51 what I mean by that uh the headline 4:53 reads Tesla offers Insurance subsidy for 4:55 model 3 buyers in China so basically 4:58 right you know well try to give you 5:00 discounts on your insurance um I do know 5:03 that there are subsidies for Tesla in 5:05 China right and so is it the insurance 5:07 part of that I'm not sure I just know 5:09 that there are Chinese government 5:10 subsidies out there um and this is sort 5:13 of how you keep your company aoat so 5:14 I'll give you an example so this is 5:16 something that's being offered for uh 5:17 car companies right now in China where 5:19 um if you trade in your uh conventional 5:21 car you'll get like more of a trade in 5:24 right it's just it's a government 5:25 subsidy so if you you know do this with 5:29 the insurance maybe more people will buy 5:30 Teslas but it's it's artificially 5:32 propped up the same way for example is 5:34 um this was another one that just came 5:36 out today there's always Teslas like 5:37 this crazy drama company so is musk 5:40 Tesla will give you cheaper car 5:41 insurance but only if you take the risk 5:43 of engaging quote full 5:45 self-driving um basically Tesla 5:47 Insurance isn't very good people have 5:49 mentioned that before in the community 5:51 um it doesn't necessarily cover you the 5:52 way you want and then the customer 5:54 service is God awful like it's all 5:56 through the app and I don't think you 5:57 can necess get someone on the phone that 5:58 easily um and then I guess theoretically 6:01 if you want to take their insurance 6:02 maybe they're discounting it but don't 6:04 expect the coverage to be very good and 6:06 also too you're putting your like 6:07 because like for example what good is 6:08 insurance if if you die I just be F 6:10 Frank uh be careful with that stuff on 6:13 top of that they got a demand problem 6:14 over there and so so why we why are we 6:16 talking about like like I'll keep going 6:17 through this stuff but why are we 6:18 talking about is because much of Elon 6:20 musk's wealth is based on the price of 6:23 Tesla stock like it connects to 6:25 everything to buy Twitter he had to sell 6:26 some stock but he couldn't sell like all 6:28 of it and in fact 6:30 what you had to do they had to borrow 6:31 money to buy um to buy Twitter right and 6:34 it's interesting because like a lot of 6:35 people think like you know this guy 6:36 what's he's the richest guy in the world 6:37 why is he borrow money no the guy 6:39 actually they has debt right I mean 6:41 that's why they're they're they're 6:42 selling his debt around they're even 6:43 selling it at a loss uh the loan the the 6:46 the loan interest rate is kind of 6:47 interesting I think it's 11% which is 6:49 kind of crazy when you talk about like 6:51 these big numbers I think it might have 6:52 been 13 billion dollar loan or something 6:54 of that nature so you're paying like a 6:55 billy a billion a month or something 6:57 like crazy like that um and then on top 7:00 of that if your wealth is based on the 7:01 stock um you're borrowing money be it 7:03 lines of credit or loans based on the 7:05 stock but the stock can like functua 7:07 like like crazy right so who keeps 7:08 propping the guy up when sales are are 7:10 clearly falling right you can see it uh 7:13 and you're just ticking people off plus 7:14 your products are unsafe so you have 7:16 that like for example here you got a 7:17 problem real problem with cybertruck 7:19 Tesla dropped cybertruck lease price 7:21 dramatically offers free WP so I guess 7:23 if you want a cyber truck now it's like 7:25 749 a month um and we we'll see if they 7:28 just like have to just give these things 7:29 away um this guy's got lawsuits always 7:32 up the wazo um he's uh threatening or 7:35 actually I should say he added more 7:37 companies I did a video on this it's 7:39 hard to keep track of ref Frank I I um 7:41 he added more companies to the lawsuit 7:44 uh he's saying hey you can't you're not 7:46 suing on my you know xplatform therefore 7:48 I sue you and like Nestle was added to 7:50 list and Legos was added um uh I think 7:54 it was like Colgate motive was added it 7:56 was it was a bunch of things um you also 7:58 have this one this was an interesting 8:00 one musk moves to dismiss suit over 8:02 Tesla's alleged use of AI generated 8:04 blade Rider imagery that was back in 8:06 their um presentation when they 8:08 announced their their humanoid robot 8:10 stuff like like they use this kind of 8:11 picture right which is looks like Blade 8:13 Runner to me and that's the second Blade 8:15 Runner movie um and then the um the 8:17 Creator movie was like yo you you stole 8:19 my crap stop doing it uh on top of that 8:22 now this this was the news UPS today uh 8:24 is they're they're trying to sell the 8:26 rest of the X debt so I guess this was 8:28 just part of it uh 5.5 billion I think 8:31 there's six billion still on the on the 8:33 books let me read this it says here 8:35 there's still more work to do the loans 8:37 bought by investors are among the senior 8:39 most credits the bank still hold some 8:42 six billion of x's debt some of which is 8:44 considered even riskier than what was 8:45 sold this week and and it was 8:47 interesting when when you read through 8:48 this stuff so basically Lisa Yaro uh 8:51 she's got to go around and in my opinion 8:54 basically lie her teeth off and say oh 8:56 yeah AI is going to be awesome and you 8:59 know X has a little bit of stuff with 9:02 that xai which is you know musk is is is 9:04 pumping up the valuation of that thing 9:06 to raise money for said thing right and 9:08 then he has to talk about how awesome 9:09 xai is and so people who are investing 9:12 in X now um you're saying okay musk is 9:14 going to you know and team are going to 9:16 owe you money you're going to get 11% uh 9:18 you know interest rate on this stuff uh 9:20 so yeah it's great and then wal's like 9:22 dumping it out a loss they got to get 9:24 off their books um it was actually uh 9:26 the the loans they had were actually 9:28 marked down a lot more before um but 9:31 during the Trump stuff they're saying 9:33 hey advertisers are coming back Amazon 9:35 to be fair to them Amazon did come back 9:37 but it's interesting because you see 9:39 Jeff Bezos hanging out with Trump and 9:42 mus together they're all inauguration 9:44 and so is there some sort of deals made 9:45 behind the scenes regarding Amazon I I 9:48 that I don't know I don't know I I can 9:49 see them together but there there my 9:51 guess there's got to be some sort of 9:53 agreements there of like why is Amazon 9:54 suddenly you know advertising on X and 9:57 then also before there could be any on 9:59 any number of foreign monies popping 10:01 this stuff up uh so Wall Street they did 10:03 sell the loans um they sold it it says 10:06 here in the end investors including so 10:09 this not all of them it just says 10:10 including Pimco and Citadel agreed to 10:13 buy the loans at 97 cents on the dollar 10:15 the floating rate debts carry an 10:17 interest rate of about 11% with 10:20 borrowing costs several percentage above 10:22 even the riskiest loans on Wall Street 10:25 so I think they're essentially saying 10:27 hey we'll dump this at a loss uh we'll 10:29 put the rates here but this is actually 10:31 relatively High uh I I personally 10:35 wouldn't touch this de but that's what 10:37 I'm saying is there like foreign money that's propping this up that's okay with taking losses in order to spread your nonsense on on X because I'll give you an example uh musk wants to remove all regulations from everything right so if you do that then suddenly you could take any number of of monies from China or Russia to promote whatever propaganda is on X cuz now actually which is kind of crazy um exate media he he uh just 11:03 throws out any kind of you know trumpy stuff all the time and and it's nonsense like it's total nonsense that's sort of why I I show you guys every now and then and anyone that has any sort of you know just logical thinking right you can see right through the stuff that mus says the sad thing about it though here's the sad thing is that there's some people that frankly just I guess turn off their brains because they're part of a cult and they believe the must the stuff that must says so for example this just thing about this logically this is what musk is trying to sell you Elon Musk moves to make Starbase Texas the official Gateway To Mars right he's selling you Mars gateways you're all going to be rich according to musk with humanoid robots maybe five in your house he he pays these you know stock promoters on Twitter Etc pump up their Channel on on YouTube and all of these like you know dudes and their you know mom's basement kind of stuff drinking beer seriously and they they sit around and chat about oh yeah man T is going to be the most valuable company in the world man yeah 12:01 he's going to take the the the the the top five you know companies in the world add them up together Tesla's going to be bigger than those combined man yeah and that's actually what Elon said he actually said in the earnings call that there is a path for Tesla to be the most valuable company in the world more than the top five companies in in the world combined and I always stick on that particular point because if he says nonsense like that nonstop what stops them from saying nonsense about everything be it politics be the company's finan an es being his relationships being his kids who knows any number of things that he's making up stuff let alone the video game stuff with which he's lying about he lies about all kinds of stuff and so he's promising you Gateway tomorrow so anyone with any sort of you know just logical thinking you should be able to spot through this BS but there's so many people out there and this is the always the argument they say well they say well Chris you're so dumb Elon must makes money and I like money that's what they say but be careful out there guys there's more life than money and taking money from some random dude on the street corner just because he promises 13:00 you riches can get you in trouble or taking some money from some dude saying hey we're all going to Mars be very very careful who you get involved with so want to hear your thoughts on this one thank you for watching and I'll catch you next video

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