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Jim Cramer: I Don’t Know How Elon Musk Gets Out of Not Buying Twitter

Cramer stated on CNBC’s “Squawk on the Street” that Musk is “stuck” buying Twitter and won’t be able to get out of his agreement.

Eduardo Razo

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Twitter will push to enforce a merger agreement that would force Elon Musk to purchase the social media company for $44-billion. The Tesla CEO recently said a deal could not move forward without “proof” of a fake account estimate.  

While Musk prepares to fight this, CNBC host Jim Cramer stated on CNBC’s “Squawk on the Street” that the entrepreneur is “stuck” and won’t be able to get out of his agreement. 

“Elon Musk had a lot of time at the company, spent three days here apparently looking at things. There is a clause called specific performance where they can force him to take it. And I don’t know how he gets out of it. I don’t know how he does not buy it. I mean, how they can’t force it,” Cramer said, per Mediaite.

Cramer added that unless Musk discloses “out-and-out fraud,” the company can enforce the deal. Also, the host also went on Twitter to further emphasize that he cannot see how the Telse CEO gets out of this agreement. 

“I guess maybe they can renegotiate something, but that’s the contract’s $54.20. And he agreed to that. And unless you’re some sort of out-and-out fraud, which no one has found, my understanding,” Cramer said.

“No fraud found. He owns it. He owns it. And he’s got to point to some fraud, some material adverse change, even in the period since he signed, of which there isn’t any. And I think he’s stuck! I think he’s hung! I don’t know. He, he’s, some of the tweets are at odd hours. I don’t know if you’ve noticed.”

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Jessica Tarlov, Leo Terrell Clash Over Roe v. Wade Ruling

It didn’t take long for news outlets to begin sparring on the issue, and one of the more animated ones occurred on Fox News.

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On Friday, the Supreme Court overruled Roe v. Wade, which now hands over the determination of abortion legality to individual states. 

It didn’t take long for news outlets to begin sparring on the issue, and one of the more animated ones occurred on Fox News. Contributors Leo Terrell and Jessica Tarlov disputed multiple times on the topic following the ruling. 

Tarlov, a Democratic strategist and co-host of The Five, said that this decision would have dire consequences, something that made Terrell shake his head and interrupt multiple times.

“Alito made it clear that he didn’t think this it would expand to contraception and same-sex marriage, but [Clarence] Thomas said he thought they should be reevaluated, and when you consider the fact that Justices [Brett] Kavanaugh and [Neil] Gorsuch lied to the senators that they met with —” Tarlov said, per Mediaite

“They followed the law. You may not like the law, but we are a nation of laws. That’s what they did. What they basically said was if you don’t like the ruling, you go to the states,” Terrell fired back.

Tarlov and Terrell continued clashing in another segment while discussing the potential consequences. 

She said “every man that takes part in conceiving a child” should be on the hook for child support, leading to Terrell shaking his head while muttering, “oh God.”

“Stop saying, ‘Oh God!’” Tarlov said. 

“I can’t believe you’re using this quality time to push a democratic agenda. Go ahead. I’ll be quiet. Go ahead. Keep talking. It’s ridiculous,” Terrell snapped.

“I’m sorry. Were you pregnant recently?” Tarlov stated.

“Every time I come on this show, I’m attacked,” Terrell mumbled.

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News Television

Kim Godwin: “Newscasts at Some Point Will Be Totally Streamed”

Godwin sat down with Recode host and Vox journalist Peter Kafka at the Collison Conference in Toronto.

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ABC News president Kim Godwin has been in her position for more than a year and she recently sat down with Recode host and Vox journalist Peter Kafka at the Collison Conference in Toronto, where they discussed the future of news media. 

With streaming both on the audio and visual side, becoming more of a player for news and how they reach the younger audience, Godwin says that getting to the demographic is via a digital strategy. 

“The price of admission is that digital strategy. That push alert – getting to people early,” said Godwin, per TV Newser. “And then we have people who really are in tune with the way people are consuming news.”

“You really have to niche it out. You can’t put a TikTok on Facebook…. You have to approach it with a multi-faceted and multi-pronged approach and try to get there first.”

Furthermore, Godwin wants the network to lean on their brand on various platforms that are skewered to the young generation, like TikTok. 

“ABC News is a strong news brand in America. So we are leveraging that brand on TikTok. [ABC News foreign correspondent] Ian Pannell who is covering the war in Ukraine right from the frontlines,” Godwin said.

“In addition to the reports he’s sending back for World News Tonight and Good Morning America, he’s doing TikToks. And they’re interesting, different and customized for that audience. As journalists, we are looking at our coverage in a different way.”

Godwin was then asked how she plans to get the younger crowd to turn on ABC News, where they make their money, but she says news could be heading toward being streamed rather than having the more youth turn on ABC. 

“I think there is going to be a business for us there one day (on TikTok),” said Godwin. “That’s where all the bridges are leading. Everything is getting smaller on linear, but maybe the newscasts at some point will be totally streamed, like ABC News Live,” Godwin concluded. 

“Maybe that’s where World News Tonight and GMA will eventually be. I really think we are headed that way, all the numbers show that… Maybe they meet in the middle somewhere eventually.”

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Dan Abrams: Someone in Donald Trump’s Inner Circle Could See Charges

“For the first time, I think there’s a real possibility a member of Donald Trump’s inner circle could face criminal charges related to Jan. 6,” Abrams said on Thursday’s edition of “Dan Abrams Live.”

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The hearings into the Jan. 6 attack on the U.S. Capitol remain ongoing, and following the raid on former Trump Department of Justice official Jeffrey Clark this week, anchor Dan Abrams has a bold belief. 

Abrams, the founder of Mediaite and anchor on NewsNation, considers that for the first time, someone from former President Donald Trump’s inner circle could see criminal charges.

“For the first time, I think there’s a real possibility a member of Donald Trump’s inner circle could face criminal charges related to Jan. 6,” Abrams said on Thursday’s edition of “Dan Abrams Live.”

“It’s generally seemed to me that the criminal inquiry into Trump and his inner circle in connection with Jan. 6 wasn’t going anywhere. I’m talking about what I actually think is happening, that’s all.”

Abrams stated the latest hearing and the Wednesday raid on Clark are what altered his view on whether anyone could end up seeing charges.

“What we learned today changed my analysis. That’s because federal investigators just raided the home of former trump department of justice lawyer Jeffrey Clark,” Abrams added. 

“He was the guy heading the justice department’s environmental division who Donald Trump tried to put in as acting attorney general could see was apparently the only one within the DOJ willing to support the effort to overturn the 2020 election.”

Finally, Abrams conveyed that the raid’s timing before the hearing could examine Clark’s role could lead to something significant when facing jail time.  

“To get authorization to raid his home now, the day before the Jan. 6 committee held a hearing examining Jeffrey Clark’s role in trying to overturn the election, suggest to me that they believe they suddenly could have something big,” Abrams concluded. 

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