Elon Musk and brother under investigation for alleged insider trading

[SunSeeker]

9. What's so hard to see? They're brothers, they talk.

Elon's brother sits on Tesla's board. He suddenly sells $108 million in Tesla stock, the day before Elon indicates he might dump huge amounts of Tesla stock, causing the stock price to dive. If Kimbal sold his stock because Elon told him, before the world found out, that he might be dumping huge amounts of Tesla stock, then Kimbal -- and Elon -- committed insider trading. All those people who bought Kimbal's $108 million worth of Tesla stock got ripped off, since they bought it at top dollar without knowing what Kimbal and Elon knew: that Elon was going on Twitter the next day to suggest he might dump huge amounts of Tesla stock, thus driving the price of the stock down. Those buyers were left incurring the losses that Kimbal should have incurred, but for his insider knowledge. That is a crime.