and his management of tesla. whether it is the sec looking at things he tweeted about sales of tesla stock and reportedly the sec is looking into the timing of his disclosure around the twitter stake. the government is already scrutinizing a lot about elon musk and what he is says about potential manipulations of securities. so, this could be him just getting ahead of it and saying, look, i told you so. we knew this is already happening, we did not need elon to telus. these agencies have already been doing it for months. ed: michelle, very quickly, five seconds, what's the probability of this deal happening? michelle: i couldn't tell you. tom: i cannot tell you. at $54.20 i do not think it is happening. they go to court, he negotiates the price down. ed: wait and see, executive editor for bloomberg technology, coming up with we dig deep into the selloff as investors assess the impact of higher prices on earnings and economic growth. this is bloomberg. ♪ what if you were a global bank who wanted to supercharge y

what might be new is that tesla was down 700 tesla shares are a bid of $772 closed at $778 shares are opening higher. dan ives is on the squawk news line dan, i know we know elon musk is mercurial or seat of the pants does this qualify as a public dissemination? i would not like to hear about this if i was a twitter shareholder counting on that acquisition price and find out about it early morning on twitter, is that okay? >> i think it is not okay. that's the first thing this is unprecedented. especially a deal like this, you would expect filing or something more formal to come out in a tweet? it sends it to a circus show the street's reaction is he is looking for a way to get out of the deal tesla is down $300 million margin calls this is going to be the sort of way he gets out of it. now from twitter perspective, the stock is going to 30 >> and there's no way he can send out another tweet saying just kidding it's real money. it is real money going in. it is hard to believe that was a joke this is not a joke people are involved in trades you saw. losing their shirts. >> and i would

many impact of the lockdown in shanghai is the latest for tesla. the car association says tesla produced over 10,000 cars here for the month. this is a far, far lower number than the figure that was seen for march in terms of sales and production tesla data comes as tesla says in a statement it has no notice of production halt at the shanghai facility. this is amid reports that capacity had been constrained because of the parts shortage. tesla situation is the latest example of the impact of the lockdowns on the supply chain and real constraint of capacity. no end in sight for the zero covid approach in fact, beijing, which wrapped up the pressor moments ago, 836 for the latest outbreak. it is imposing tighter restrictions and increasing the mass covid testing rounds and adding anal swabs for more of the heavily quarantined areas. shanghai reported 3,000 cases today. this is mostly asymptomatic and fewer deaths at six. even so, shanghai is in the quiet period end ing deliveries authorities are now sweeping entire communities and buildings of people

put a floor under tesla shares. yesterday we were looking at preferred equity versus a margin loan that was going to be $12 billion that might be reduced to zero. i wonder how much that is playing into this? ed: for me this is key. according to bloomberg sources reported on thursday, he wants to boost the equity portion further by an additional $6 billion or so, in addition to the $7.1 billion of a financing that were added to the dealer week ago. that took the margin component from $12.5 billion to $6.2 billion. it gains a very hefty chunk of tesla stock. you see the belief in tesla shares this friday morning, but there is a bigger point. musk has already -- always borrowed money against the value of his tesla holdings. this twitter deal is not the only mechanism he has done that. he has already -- he is always said he is cash poor. now we don't know what the margin call number is. we don't know what it is on this particular deal, but the shares put up, we have data on those from a year ago, and since then the valu

so or other comic is contributing to tesla sliding down the list. as in pe also says accusations of racism and complaints about poor work practices played a role in his decision as to the company's apparent lack of eagerness to help investigate some deadly accidents. let's get on this by crossing to correspondence on wall street, teddy austria, teddy, how is tesla and e long must responded to this downgrading from s and p. whoa, as to be expected for any mosque aren't very happy and you know and mosque is trumpeting that response where he often trumpets his anchor to his over 90000000 followers on twitter targeting specifically yes, g calling it an enormous scam, the devil incarnate and tested actually had a report before this decision was made decrying yesterday as well for not taking into into account that tesla is an electric vehicle manufacturer. meanwhile, exxon mobil, which chops and e s g list is a fossil fuel company. and this is really touching a nerve because it's hitting the brand of your mosque and tesla as they claim to be leaders of th

plus tesla down 25% so far this month. the stock trading bilow its s&p 500 inclszug price the bull case or the bear case a powerful development coming up price the bull case or the bear case a powerful development coming up l price. the bull case or the bear case a powerful development coming up u price. the bull case or the bear case a powerful development coming up s price. the bull case or the bear case a powerful development coming up io price the bull case or the bear case a powerful development coming up n price. the bull case or the bear case a powerful development coming up another crazy day? of course—you're a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want —your team, ours or a mix of both. with the nation's largest ip network. from the most innovative company. bring on today with comcast business

in my reading of tesla, you mentioned the 700 number on a margin call on tesla. maybe it's 500, maybe 700, the answer with the 41% drawdown is tesla is very. is the announcement about twitter or mr. musk and tesla? alix: it could be any number of things. we have seen tesla shares close about 727 yesterday. if 700 is the margin core point, they are knocking on the door that. you could also say maybe it is testing where the natural twitter share price should be for this bid. this calls down 18%, in the 30's now, and the final possibility is that yuan is being sarcastic. -- fillon is being sarcastic. he is saying i will put this on hold because of the basis point. does not come across in tweets. jonathan: they are asking you to work out what someone is thinking. that is impossible below this focus on the deal. do we know whether the financing is lined up among the structure, has elon musk signed off on anything to go and close this deal if he wants to? alix: we don't know the financing is in place and that is key. investors are looking at that. they are hearing what

tesla's full self- driving technology. the washington post reported on "owners of teslas fighting for control..." "i'm trying..." watch this tesla "slam into a bike lane bollard..." "oh [bleeped f***]" this one "fails to stop for a pedestrian in a crosswalk." "experts see deep flaws." "that was the worst thing i've ever seen in my life." to stop tesla's full self-driving software... vote dan o'dowd for u.s. senate. >>> well, take a look at this 13-foot 400 pound stingray that was found in cambodia's mekong river. fishermen were look for the cash of the day and to their surprise hauled in the stingray. and a group of marine biologists just happened to be on an expedition nearby. thinking catch was significant because it confirms the existence of these big fish in this stretch of river. this is the a very remote stretch of river. it's not well studied. it's incredibly important for fisheries and biodiversity. >> experts also say this massive catch like this are almost never reported so it's rare and a very remarkable -- look

technology is not having a particularly great day tesla is weak, microsoft strong. after the break, mike santoli is looking at how far multiples have come down already amid the selling pressure this year and the difference between large and small cap valuations we'll be right back. a comprehen for your full financial picture. with the right balance of risk and reward. so you can enjoy more of...this. this is the planning effect. flexshares are carefully constructed. to go beyond ordinary etfs. and strengthen client confidence in you. before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. cal: our confident forever plan is possible with a cfp® professional. a cfp® professional can help you build a complete financial plan. visit letsmakeaplan.org to find your cfp® professional. ♪♪ do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned

not tesla buyers. inexpensive growth and on top of that the third reason, margin growth happening on top of this growth. phenomenal play. charles: so you mentioned apple. i did also see where saying must break down here. this is not where you buy on the dip, right? >> i actually sold it at 169. i sold it in a position i had for 12 years. i was sad to see apple go but i think we'll see the hit in consumer discretionary. obviously everybody is already saying that. we've been saying this since january. i think apple is the last holdout. the concern i had from last earnings call. tim cook was asked three times, so, let's talk about supply, let's talk about demand. every time he got asked about demand, three times he completely avoided the question and they're not giving guidance. i think they know what's coming. they know not only will have four to 8 billion-dollar supply hit the next quarter or second quarter here, they're also going to have a big demand hit. so for me too many tea leaves, no thanks, we'r

watch this tesla "slam into a bike lane bollard..." "oh [bleeped f***]" this one "fails to stop for a pedestrian in a crosswalk." "experts see deep flaws." "that was the worst thing i've ever seen in my life." to stop tesla's full self-driving software... vote dan o'dowd for u.s. senate. >>> bay area health officers urging the public to mask up again. as covid cases rise, it is a recommendation, not a mandate. but covid cases in the bay area up 70% from a month ago. san francisco is reporting the biggest uptick. its covid positivity rate is now above 10%, more than double the state's overall rate of about 4%. and as cases surge, one bay area university is bringing back mandatory testing for students living on campus. shawn chitnis will have more at 5:00. >>> twitter stock fell more than 9% after elon musk said he is putting his purchase of the company on hold. that came in the form of a tweet with musk saying he wants to pinpoint the number of spam and fake accounts on the platform. but he also said he is, quote, still committed to acq

is facing a number of head winds tesla shanghai was closed. now producing potentially 200 cars a day to reach 1.5 million cars is an almost impossibility. the ford f 150 just came out with amazing reviews at every level, consumer demand isn't waning tesla is facing a number of head winds and musk has to focus on tesla stock, not just the twitter deal as you see, it's up 4% today this is part of this entire strategy. >> so then ranjan i wonder how far back does this go? elon musk was aware of the issues you just brought up when he made this bid do you think he wants twitter at a lower price, or do you think maybe he doesn't want twitter at all, he wants that cash from tesla that he already cashed out? >> i mean, i actually think this goes back to the funding secured tweet from a few years ago, one of the key developments this week, two days ago a judge ruled that the initial tweet was inaccurate and reckless during -- related to a shareholder lawsuit. the walls are closing in from the s.e.c. on that side. there's the s.e.c. investigation into h

. >>> at tesla goes airborne in the moment it crashes into a tesla. >>> a woman wakes up to the stranger's dog in her bed. extract the price of diesel is an impacted high. the impact on the local trucking business. >>> take a look at this. a tesla crashes into a convention center. this happened in columbus ohio. the car hit the curb and goes airborne through the centers glass doors leaving a trail of dirt and scattered class. the driver lost control. he was driving 70 miles an hour as he exited he ran a red light and crashed into the building. the driver is expected to be okay. >>> live pictures from sfo right now. the demand for air travel is up passenger satisfaction down the passengers say aircraft are crowded and the cost to cry is sky high. the bureau of labor and statistics say airfares rose more than 33% over the last year and the largest 12 month increase since 1980 experts say airlines have room to make some improvements. >> there are a few things to work on. improving the comfort of the aircraft and all having classes and working on people skills to make people feel less like cat

and that important level here for tesla is $700, which again we also cracked today. and even at the close we couldn't manage to get back above that $700 level. so from my perspective you have the same risk here for tesla you're chasing relative lows the way to do so, especially with the implied volatilities as high as they are the ivy rank on tesla is at 80%. the only way to play for a downside is to yoz a similar trade structure that i did for apple, using the june 620/600 put spread earlier today it was $7.80 for that deb it spread as of the close it's trading $6.55 so i'm paying just about one-third for this out of the money put debit spread again, the goal here is to consider the fact that i am chasing lows and i want to do so in a way that limits my risk here by using a debit spread that costs $655 per contract on a roughly $660 stock means i'm risking 1% of the stock's value. so very similar trade structure, almost identical trade setup from a trade perspective and valuations perspective, far greater valuation that we've seen here on tesla, so i think there's f

department of tesla. when you buy a tesla, i think there are a lot of people there to support tess lla, what tesla represents, what elon musk represents >> i would say this, expectations of customers and workers are shifting people want to know more what's behind, how is the product made, do i feel good you said customers want companies that do well on esg scores i'm not so sure about that i think customers want companies that align with their specific values if you buy a tesla because you think it's a great product, good for the environment, and i love how it treats its workers, or i know that i'm creating u.s. jobs when i buy this product, those are the things that matter to you, go right ahead. i think as long as a company has a good handle on what its stakeholders really want, it will do well >> martin, we can leave the conversation there, we appreciate it very, very much. >> thank, andrew >>> coming up, covid cases on the rise again dr. scott gottlieb will join us to talk about that and the monkeypox

tesla stock goes up because tesla investors are thinking musk is perhaps going to have to pay less for twitter or maybe focus more on the electric car company. these two stocks have for a couple of weeks now gone in opposite directions. >> final question. i think elon said a few weeks ago, you all read too much into my tweets. sometimes i'm just in the bathroom tweeting. but he is a sharp guy. he knows what he is doing. >> he knows what he is doing. a lot of people seem to think what he is doing -- there is no such thing as putting a deal on hold. you're either buying a company or not buying a company. but there are negotiations. this may very well be a negotiation to lower the price tag of twitter. >>> in other news, the nationwide shortage of the formula has turned into a full- blown crisis. parents are currently searching for formula and answers. president biden and congress are getting involved. nbc's susan mcginnis. >> reporter: california mom therese browning telling nbc news about being unable to feed her children thanks to an growing infant formula shortage. >> i'm on the hook.

and he told investors tesla was worth $1 trillion by claiming tesla was the leader in driverless robotaxi technology. but tesla doesn't have driverless robotaxi technology. tesla's full self-driving software requires a driver! many other companies have already deployed driverless robotaxis that are way ahead of tesla's. so where's the investors' money? in the last year, elon musk pulled $48 billion out of tesla, seven times the profits they've ever made. his ceo compensation was 1,000 times the average for a fortune 500 ceo. elon, is your full self-driving software just a trillion-dollar ponzi scheme? did you become the wealthiest man in history by swindling customers and investors? i'm dan o'dowd and i'm running for u.s. senate because congress needs to shut down elon musk's full self-driving fiasco. someone needs to stand up to him. >> 6.14, right now and we want to check out the weather and we have what looks like, you know, a beautiful shot john, though, i think he's on saturn or something. that's what makes me feel burning up and in on another planet. pretty cool shot there to look a

tesla stocks, are you bill or elon? >> i am with bill, tesla is at $1 trillion, as much as the rest of the industry combined. the stock trades are 70 times earnings, 50 times next year's earnings, can't be price with perfection but there's a lot of news discounted right now. jack: you are elon, i can tell. al: i said long time ago if tesla continues to oppose the earnings beat it has it will continue to rise. i we all feel that way. there's a lot of momentum and the company has been performing very well. in the first quarter tesla made more operating profit than 4-door gm. jack: the stories on cars that you wrote, you say gm looks cheap but what is going to stop it from staying cheap? andrew: right now the industry, investors are judging companies by their success and gm could be a winner in evs, one of the best platforms in the industry but it has been slow to roll out electric vehicles, delivered less than 500 in the first quarter but aiming to do 500,000 over the next two years, million in north america by 2,025. we

tesla's full self driving technology, the washington post reported on owners of tesla's fighting for control, trying watch this tesla slam into a bike claimed bollard . oh this one fails to stop for a pedestrian in a crosswalk. experts see deep laws. that was the worst thing i've ever seen in my life just stopped tesla's full self driving software vote no doubt for u s. senate. wave is becoming astound broadband. we've been a part of your community for years, providing you with award winning internet service. sign up for gig internet today and get a free month and free install. introducing astound broadband powered by wave out of state corporations, wrote an online sports betting plan they call solutions for the homeless. really corporations take 90% of the profits and using loopholes, they wrote, they take even more. the corporations own promotional cost, like free bets taken from the homeless funds, and they get a refund on their $100 million license fee taken from homeless funds to these guys didn't write a plan for the homeless. they wrote it for themselves for state controller,

we'll talk about tesla later for other reasons but i think that's a story as we go into the back half of q2 that a lot of analysts will start lowering their numbers. don't forget where the dollar is that quarter over quarter, year over year, big impact. >> so we're finally coming to grips, and the markets we, with the fact that china could be a bigger issue than we thought previously, spline chain issues as it relates to china are not easing and by the way, the conflict between russia and ukraine, that's actually an impact too that we haven't come to grips with do you buy that? these seem to be so obvious. do you think it's finally eyes open to these issues and the markets? >> i think people want to keep the waters calm, and so they are alluding to it and giving you some notice. it's much more of a major issue, i agree. it's also beginning to be much more of a protracted, long-standing issue. and that's really where the question is. there's no denying that it's there. there's no denying the inflationary pressures that is causing both food prices and supply constraints, but also how lo

is he going to take tesla down with it? ed: i thought i was going to get through an entire show without talking about elon musk. i really thought this would be the day. elon musk is very busy, he is the ceo of tesla and the market is asking, is he distracted? but also with twitter, all of the indecision about will the deal happen, when will it happen? twitter did not suffer like the rest of tech stocks. it hasn't seen the declines other companies have. there is a question why. because it was subject to a takeover deal, take private deal. should twitter be revalued and elon musk come in at a lower price -- who knows? emily: twitter annual meeting next week and you will be there. we will be talking about it a lot. ed ludlow, thank you. that does it for "bloomberg technology." have a wonderful weekend. david westin is next, talking about inflation and all of this in a moment. ♪ xfinity mobile runs on america's most reliable 5g network, but for up to half the price of verizon so you have more money for more stuff. this phone?

angle are you seeing news about tesla through? >> what i am not seeing is talk about black worker thousands of black workers saying they had been subjected to racial slurs. to racial imagery at the factory in fremont. how can we be talking about someone taking over a social media company without talking about the racism that is going on in his plants? i feel that twitter has the potential to become this place where people are being harassed frequently and then, he is going to allow that. he is a free speech absolutist. what does that mean in the public square? >> already when we see on twitter, this is not a place that always is a paragon of high-minded discussion, right? you see women especially people of color getting harassed. i think when you talk about the investigation into tesla and the way they deny the allegations, despite a $100 million judgment against the by one black employee who filed suit, a federal investigation, multiple lawsuits, this is just one of them. then, you know, coupled with the way elon musk used twitte

of them, 28 were teslas in which 14 people were killed. the center for auto safety says the technology's roll-out may have been premature. >> the use of folks as beta testers for a product that's not fully molded yet and ready for market in some circumstances. >> reporter: ryan nelson rented a tesla, and he has been using autopilot during his road trip. >> i guess you have to still pay attention to road, and you to make sure it's doing the right thing so it's not completely hands-off. >> federal highway safety traffic investigators have looked into more than 30 fatal tesla crashes since 2016. >>> the u.s. has just seen its first case of monkeypox. it's a viral infection usually found in west africa. but one case has turned up in massachusetts. the patient is a man who recently travelled to canada. he is currently in the hospital with the infection. the disease, which was first discovered in monkeys, causes a rash that can look a little like chicken pox. it's a virus that originates in wild animals like rodents as well. it occasionally jump

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tesla's full self- thadriving technology.orks the washington post reported on "owners of teslas fighting for control..." "i'm trying..." watch this tesla "slam into a bike lane bollard..." "oh [bleeped f***]" this one "fails to stop for a pedestrian in a crosswalk." "experts see deep flaws." "that was the worst thing i've ever seen in my life." to stop tesla's full self-driving software... vote dan o'dowd for u.s. senate. >>> i think our commitment is to communicate clearly. i think that's what the fed chairman was doing in his press conference when he talked about where we would see some of the next rate hikes. and i hope that gives the market a better sense, even though we don't know at this point how far that will go >> that was kansas city fed president esther george with us a few moments ago. luz young at sofi, we've had a lot of varying opinions. it runs a range of maybe we're getting close to some type of bottom in terms of valuations, according to barry knapp maybe there are eventual lows at the end of the summer. do we have a print of a bear market in the s&p and dow, liz >> i t

and he told investors tesla was worth $1 trillion by claiming tesla was the leader in driverless robotaxi technology. but tesla doesn't have driverless robotaxi technology. tesla's full self-driving software requires a driver! many other companies have already deployed driverless robotaxis that are way ahead of tesla's. so where's the investors' money? in the last year, elon musk pulled $48 billion out of tesla, seven times the profits they've ever made. his ceo compensation was 1,000 times the average for a fortune 500 ceo. elon, is your full self-driving software just a trillion-dollar ponzi scheme? did you become the wealthiest man in history by swindling customers and investors? i'm dan o'dowd and i'm running for u.s. senate because congress needs to shut down elon musk's full self-driving fiasco. someone needs to stand up to him. earlier today at the white house, president biden signed an executive order to address policing practices nationwide. this action comes on the two-year anniversary of the death of george floyd. >> floyd's family was among a group of victims families to atten

and he told investors tesla was worth $1 trillion by claiming tesla was the leader in driverless robotaxi technology. but tesla doesn't have driverless robotaxi technology. tesla's full self-driving software requires a driver! many other companies have already deployed driverless robotaxis that are way ahead of tesla's. so where's the investors' money? in the last year, elon musk pulled $48 billion out of tesla, seven times the profits they've ever made. his ceo compensation was 1,000 times the average for a fortune 500 ceo. elon, is your full self-driving software just a trillion-dollar ponzi scheme? did you become the wealthiest man in history by swindling customers and investors? i'm dan o'dowd and i'm running for u.s. senate because congress needs to shut down elon musk's full self-driving fiasco. someone needs to stand up to him. still waiting on president biden who is going to address the nation on that mass shooting followed a texas that happened earlier today. we're all those elementary school students were shot and killed. this is a live look at the white house. the president exp

tesla's one of them, up 8% to 711 at the latest today. we're back in a moment your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> welcome back, everybody. just 90 minutes left in the trading day. we want to get you caught up on stocks, bonds commodity and the uk's new effort to bring down energy prices and stocks, we have a five-day rally now going for the dow and we're still near session highs and bob pisani down at the new york stock exchange bob? >> we have a rip your face off rally going on here and it makes me nervous ahead of important data two key sectors are moving number one, tech, number two, consumer discretionary and nvidia i thought had a fairly muted outlook and give you an idea of how dramatically things were oversold and bringing all of the big-cap names with it and microsoft on the upside and the real moves are on the consumer discretionary gro

and he told investors tesla was worth $1 trillion by claiming tesla was the leader in driverless robotaxi technology. but tesla doesn't have driverless robotaxi technology. tesla's full self-driving software requires a driver! many other companies have already deployed driverless robotaxis that are way ahead of tesla's. so where's the investors' money? in the last year, elon musk pulled $48 billion out of tesla, seven times the profits they've ever made. his ceo compensation was 1,000 times the average for a fortune 500 ceo. elon, is your full self-driving software just a trillion-dollar ponzi scheme? did you become the wealthiest man in history by swindling customers and investors? i'm dan o'dowd and i'm running for u.s. senate because congress needs to shut down elon musk's full self-driving fiasco. someone needs to stand up to him. >> and now kron 4 sports. >> it is time to get back to work after a rare to daybreak from both games and practices. the dubs were back in the lab today, beginning their prep work for the nba finals. golden state will get some home cooking for the next week a

and he told investors tesla was worth $1 trillion by claiming tesla was the leader in driverless robotaxi technology. but tesla doesn't have driverless robotaxi technology. tesla's full self-driving software requires a driver! many other companies have already deployed driverless robotaxis that are way ahead of tesla's. so where's the investors' money? in the last year, elon musk pulled $48 billion out of tesla, seven times the profits they've ever made. his ceo compensation was 1,000 times the average for a fortune 500 ceo. elon, is your full self-driving software just a trillion-dollar ponzi scheme? did you become the wealthiest man in history by swindling customers and investors? i'm dan o'dowd and i'm running for u.s. senate because congress needs to shut down elon musk's full self-driving fiasco. someone needs to stand up to him. growing drought is adding to the fire danger in our state. the image on the left side of your is the latest drought monitor map made yesterday. >> if you compare that to the image on the right taken from this same time last week, you can see a larger part of

way up tesla is one of the key stocks in this market, apple, tesla, weirdly coinbase matters microstrategy matters. you come in and everything feels better because the possibility he's done selling tesla, which would make him the world's largest company again, gives everyone great comfort so does he really want to cut the price? does he really even care yesterday, i thought he had the financing and i wasn't worried about it >> he does, he has the financing. >> then what is he doing >> morgan stanley i think feels quite comfortable, particularly with all of the other equity investors involved, the fact he is still committing an enormous amount of his own net worth to this acquisition if you were to allege fraud that you then prove, does the financing get tougher? could it be pulled by the way, if the financing were pulled, then he's out i think he paid a billion, but he's out but again, that's highly unlikely what seems more likely is if he wants a price cut, not quite sure how he gets there probably end up in delaware court. always uncertain if you do in some way you know, many phone calls

. >> excuse me, i meant tesla. twitter does, but this is out of their hands. tesla does the not have a public relations department. it's hard to get in touch with musk. his lawyers don't return your calls. the positive is he kind of doesn't show favoritism, he just tweets out the stuff like what he's going to do, and he wall streeted out both things today. so it's hard really to know. i speak to see eos who have banked him, or -- ceos, who have wanged tesla, they think he's negotiating for a lower price. you have to play this out if he walks away. he walks away, he definitely pays a billion collar break-up fee -- dollar break-up fee. i guarantee the tesla stock would go up, because a lot of hair holders would like him to be more focus -- shareholders would like him to focus on tesla. so he might make some of that up on the tesla shares if he walks away. however, he will probably be i sued by twitter because he's got to come up with a sort of reasonable, like, a reasonable rationale for either questioning their user

would you be buying tesla? >> no, no, no. >> we don't know what's going on with the deal with twitter i guess the concern is china wedbush and morgan stanley raising the flag on china. >> i hate the fact that it's a top six name in the qqq. i think it's going to drop out of that top six in the not-so-distant future. i think the stock has a lot of room to run. if a large part of the premium in this stock is because of the aura of elon musk, he's unraveling before our eyes on twitter. the company that he wants to personally buy but can't afford to buy it because tesla stock keeps going lower. so i think this is a big mess. i'll just say the last thing i've been in the markets 25 years, sara. every single mania and every cult stock leader have all imploded this is the last one and i think it's starting to happen. i would not be buying this whatever he thinks is funny about the price of the stock. >> okay. let's hit the broader market because we have seen a pretty strong rebound into the close. huge intraday comeba

tesla's full self- driving technology. the washington post reported on "owners of teslas fighting for control..." "i'm trying..." watch this tesla "slam into a bike lane bollard..." "oh [bleeped f***]" this one "fails to stop for a pedestrian in a crosswalk." "experts see deep flaws." "that was the worst thing i've ever seen in my life." to stop tesla's full self-driving software... vote dan o'dowd for u.s. senate. ♪ >>> it is may 10. 510 day to oak lenders. >> chapter 5 took a pass over the official 510 day party. the free event has been going on since 2016 as a way to celebrate oakland's history and culture. >> got to celebrate that 510. >> absolutely. >>> well, thank you for watching. the news continues streaming on cbs news for state controller, only yiu will save taxpayers money. wait, who, me? me? no, not you. yvonne yiu. yvonne yiu. not me. good choice. for 25 years, yiu worked as an executive at top financial firms. managed hundreds of audits. as mayor, she saved taxpayers over $55 million. finding waste. saving

tesla's full self- driving technology. the washington post reported on "owners of teslas fighting for control..." "i'm trying..." watch this tesla "slam into a bike lane bollard..." "oh [bleeped f***]" this one "fails to stop for a pedestrian in a crosswalk." "experts see deep flaws." "that was the worst thing i've ever seen in my life." to stop tesla's full self-driving software... vote dan o'dowd for u.s. senate. with the help of magical technology. but what about today? ♪♪ i can't wait for what tomorrow will bring, but in the meantime, let's enjoy the ride... ♪♪ >> the day you get your clearchoice dental implants makes every day... a "let's dig in" day... >> mm. >> ...a "chow down" day... a "take a big bite" day... a "perfectly delicious" day... >> mm. [ chuckles ] >> ...a "love my new teeth" day. because your clearchoice day is the day everything is back on the menu. a clearchoice day changes every day. schedule a free consultation. >>> time for cramer's "mad dash." >> we never want to be glib on days people ar

immediately, the first thing is that tesla shares rally. you can see that affect, and also, tesla is the heavy weight in the s&p 500. every time the twitter shares dropped, it is poised to gain because of tesla waiting. that is the macro take as to why you should care about this. let's talk about robinhood here. it is soaring up a 21% this morning. this is after sam bateman instituted a 7.6% stake in robinhood. he is the 30-year-old crypto billionaire. the founder of f tf. he is training most of their trading volume with cryptocurrency. that was a negative when cryptocurrencies were dropping. now it is a positive, given the new 7.6% stake. we are going to keep an eye on these shares. robinhood is very much in the eye of the stock market this morning. we should talk about big tech because we are seeing a rebound this morning. apple shares are up 1.6%. i want to use this is a proxy for tech, broadly. not because of the waiting, with microsoft, but with the chip supply chain going all the way back to china. overnight, you heard reports from bl

tesla's full self- driving technology. the washington post reported on "owners of teslas fighting for control..." "i'm trying..." watch this tesla "slam into a bike lane bollard..." "oh [bleeped f***]" this one "fails to stop for a pedestrian in a crosswalk." "experts see deep flaws." "that was the worst thing i've ever seen in my life." to stop tesla's full self-driving software... vote dan o'dowd for u.s. senate. >>> it is time now, i know you've been waiting, the three stock lunch. we are on the hunt for a comeback story tracking three stocks that have ripped higher in the past couple of days despite being beaten down over the course of the year here are the three, olaplex, carvana and teladoc. look at olaplex. are these three stocks throwing us a head fake or should we buy in let's bring in tiffany mcgee for more she's ceo and cio of pivotal advisers and a cnbc contributor. welcome. tiffany, let's start with olaplex. >> hi, tyler. >> a 11% pop in three days following a very rough monday. i had a rough monday too >> yea