tonight. we have half a minute left. you have a lot to say. >> we have a punchy episode here. >> listen, think carter is calling it, and it comes back toward the uptrend. that would putt iaround 104. >> thank you for watching "fast money". "mad money" with jim cramer starts right now. my mission is simple, to make you money. i'm here to level the playing field for all investors. there is always work in summer. "mad money" starts now. hey, i am jim cramer. welcome to "mad money". i will try to make use of money. my job is not just to entertain you, it is to educate you.

go ahead and laugh. that is how i felt this morning when i had my morning meeting for club members. we may have seen the last bat inflation numbers. i think that is why the market rebounded after opening ugly. the dow finished at 209 points. that was a bummer. the nasdaq declined only 0.5%. that was a huge comeback. if a real shot at putting in, a short-term bottom, given that the federal reserve can likely put through one more big rate hike, and declare victory. i know it sounds crazy to say we are winning the war against inflation, when the consumer price index was up 9.1% last month. i do believe it. what makes me so certain, well, i think things are about to get better. the conventional wisdom says it is going to get worse. i think conventional wisdom is rearview mirror. why do i say this? it is simple. you have to get granular when

you look at the numbers. yet to listen to the stocks that tell you the future. i am a stock whisperer. before we get into the terrible numbers of inflation, let me just say, i am not someone who wants easy money right now. we need to bring the hammer down on inflation. we need 100 basis points smacked him. we need a quadruple rate hike by the fed. they have to show that they mean it. at the show the markets that they will not do this, you need to give the market the business. i don't think this will cause many layoffs. it's not like people will be going, i don't know. by the headline numbers, we made tremendous progress in the fight against inflation. we have. how did we get the 9.1% cpi

increase? the jump from the baseline of 1.0 from may to [ indiscernible ] in june. that is not just red-hot, that is molten lava. a great deal of the inflation comes to the war in ukraine. the number is extremely out of date. almost all of these are trading down. i am throwing cotton, that is getting killed. if you want to read on agriculture, you have to go to stock whisperer. i like to look at the stock at john deere. do you think this shows you that grains are about to fly up? that stock is been obliterated. is now down to 296 and change. the sales are expected to get weaker. this is the single best indicator of what will happen to your food, of any other out

there. who else is looking at it? simply, we have too much grain, and too much corn in the developed world. not in the undeveloped world. that is a whole other ukraine related story. we will see lower prices at the supermarket. nobody believes me. i don't care. i wish the president would stop bashing the oil industry and focus on why food prices may not be coming down. give a jingle to cisco. the food distributor, get a sense of what's going on, they would know. the grain complexes down big. one functional economy, this should flow back to you, the consumer. it could go either way. a little presidential battering cannot hurt. here's nexus energy. today, i spoke with lynn good from duke energy about energy.

she reminded me that natural gas prices of come down substantially of late. the lower prices will help consumers. this is a classic case of a rearview mirror concern. we were talking about gasoline. can we take a breath for a moment, and realize that when oil was at 120, everybody thought it would hit 150. wrong, it went to 95. let's not get overly carried away. july's numbers will be lower than june's through the whole energy complex. i do suspect that oil has hit its peak, even though i don't think oil will plummet. the ones that can remain elevated, think oil is one of them. right now, is being kept down artificially by the petroleum reserve sales. next up are the actual commodities. i don't think copper, steel, or lumber, should be consider consumer oriented. but look out below, these commodities are in crash mode. it just was not captured in the june numbers at all.

look under the hood, it is clear as day. the fact that we had apparel inflation in the month of june, in the wake of the quarters from walmart and target, when they were dumping the supply of clothing, makes me feel like the number we saw this morning is a canard. anyone who knows the industry can tell you, that we have a glut of apparel. have you seen the stock in gap stores? this is one of the worst cuts i have seen. it is horrendous. i was down to american eagle outfitters, it was a horror show. have which much inventory. talk about the rearview mirror, anyone trying to make you worry about apparel costs are a sham. they are up slightly, but they have more people going for surgeries. that is not lasting inflation.

it is the definition of transitory. i don't know what to make of the jump in transportation cost. there is a lot of pent-up demand due to covid-19. when the people money saved up it's used up from the pandemic, will not be filled. to make you do not get any sense of prices going higher, after the company reported a giant shortfall. now these are the ones that have an answer for. cars. those prices not come down. the auto companies are having trouble getting the chips they need to boost production. my sources in the semiconductor industry indicates that it will be here by the fall. some automakers are getting their allocations. at the same time, the use vehicle index has been coming down nicely. is not good yet. it is getting better, especially when the fed makes it difficult to get financing with a 100 basis went rate

hike. i know it seems like we just can't come down. go speak to someone in silicon valley. there which many engineers. they are losing their jobs left and right. that is an arbiter of what is to come. the one that everybody is concerned about except for me, and housing. there is a housing shortage. the landlords have relentlessly raised rents to absurd levels. they are shameful. they were also present by covid, and are trying to recover. they should be careful. new harm prices are up nearly 40% in 2 years. it is beginning to pricey plow. the spring selling season were not that good. mortgage rates will be to coup de grace for housing during the next rate hike. we know that even the highest of the high end is being impacted and that banks will only confirm exactly what i told you. this is anyone that looked at today's number and said, i need to sell, because here comes the big one, does have the fed to raise rates at 10%. you will be dead wrong.

go ahead and laugh, be like john travolta in his legendary performance and carry. me? if i were you, i would head out of the auditorium before the show begins. sooner or later, everyone else will realize inflation has just peaked. chris from rhode island, chris? >> hello, my brother. >> what is happening? make of sitting by the pool. i love bumble, what you think about the stock? >> this is interesting, this cohort has gotten whacked. the company is popular. you are paying a fortune. i would put half a position on, no more than that. remember, it is a specter. it has not fallen low enough to meet my criterion for inexpensive. sooner or later, everyone will realize that inflation may have

peaked. duke energy has his sights set on the future. the co is part of the evolve summit, getting a sense of what they have in the pipeline. the euro and the dollar are equal for the first time in 20 years. the euro continued to fall? could a rebound be laying in wait? did anybody think about that possibility? i'm going up the charts to find out. i'm learning more about how the company is fighting rising prices while people chow down. stay with kramer.

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i still think some part of the year will be. this is not been a great week. a lot of people were shocked by today's 9% inflation number. in an environment like this, does pay to own safety stocks. there are very few safe places to hide, the vestas utilities. these are steady businesses with high dividends. one in particular that i like, called duke energy. this is a charlotte based utilities play natural gas to many in the southeast, and the midwest. right now, they are transitioning away from coal, toward low carbon energy sources, and even while they do that, they plan to generate 5%

to 7% earning growth over 5 years. that is very high for utility. it is working. there up 2% for the year. at these levels, the stock trades with 3.75% yield. if you're worried about the economy, and it makes sense to be worried, a stock like this to be a very good call. do not take it for me, warren got to speak with the chair and ceo of duke energy. this was at the evolve global summa event. look at the highlights from our great talk. speak at the great fortune of being someone that interviewed kim rogers. that was someone who was duke energy before you. he was committed to cole, because they one of the most reliable power and the cheapest power. one day, he had revelation, or a conversion, saying this is just a bad idea. there were protests. he took it upon himself to say,

we are backing away. at the same time that he backed away, there people in the communities that you serve, that were deeply involved, in needing called to do well. how do you reconcile that? you have one of the most powerful senators in the country, that says, let's go slow in coal removal. >> i think a couple things to point to. we made incredible progress in reducing our dependence on coal, and lowering carbon managements. we are down almost 45% from 2005. that is been the result of an orderly transition from coal, using natural gas. we are using renewables, wind and solar. we are also using battery technology. as we talked to our communities and our state by the need to continue to make progress on carbon, but introduce diversity into the supply mix, i do

believe that conversation is going well. i think people understand, over the next couple decades, we must transition away from fossil fuels. have to get away from coal. but introduce renewables, and energy efficiency. we need nuclear as a part of the equation. our commitment is to continue to have the conversations, not just with customers, but with policymakers and communities that could be impacted, so the transition is something we all understand and we can plan for. we can make the adjustments necessary for the economy of the future. >> you did mention batteries twice. we are familiar with it. how much shares you have in honeywell? the ceo is gone several times, saying, do not be surprised if they don't have battery technology that will blow us away. are you working with darius on this? >> we are. darius is down the street from me here in charlotte. battery technology is something we are spending a lot of time on. we look at this as an important part of the equation.

as we introduce renewables, having a way to store that power, so meets the needs of our customers, when demand for energy is essential. we are working with honeywell. we are also working with a variety of other technologies. we are looking at hydrogen and advanced nuclear. these are the technologies that we think will be essential, is that we get what the end of this decade. we will continue on transition to a clean energy future. >> i am a big believer in nuclear. even when david crane was in texas, trying to do it, and he failed dramatically. the biggest flop he had was nuclear. i know canada has small models. i know ge is trying to do things. the russian soldiers went to chernobyl, and kick up the soil there, there was a lot of radiation. it says, you cannot stop a meltdown without phenomenal casualties occurring. it makes me wonder, we keep

hearing that nuclear never renaissance. every time i think of that, i think of when i lived next door to a sacramento, i think of three-mile and chernobyl. i did not cover fukushima. i said myself, we're kidding yourselves. it is too expensive, and is too dangerous. what makes you, as a person that knows the this stuff, even confident at all that a new nuclear power plant could be built in this country? >> the safety of nuclear is job one. he did mention a couple of instances around the world, where safety has been a concern. our commitment at duke energy, and the u.s. nuclear industry is to maintain safety as the very highest priority. if i think about duke energy, 50% of the power we produce in the carolinas is from nuclear. safety is what we do every day, job one, to ensure those plans

are operating in a way that we expect and our communities expect. safety is job one. i do believe that nuclear can be operated in a safe way. if we think about the role and is to play the future, and we believe in low carbon, think about a world without nuclear. i think about the carolinas, for 50% of the power today from carbon free nuclear, i don't have the technology that can replace that today. finding a way to keep those plants running, and running safely is important to reducing carbon. if we can find a way to bring in, commercially viable, cost- effective, smaller modular reactors that are safe, i believe they could be part of the solution. we are advocates for continued investment in nuclear technologies to see if they can reach a point of commercial availability in the 2030s. we can have this resource to accomplish our goals run carbon

reduction. >> you think the industry is a villain, were shady, were not capable of compromise? i do believe our president feels that way. i feel that way because the president felt that the saudi arabians were pariahs or murderers. he was happy to sit down, he has all the opportunities they are, but no sit down with mike woods, or scott sheffield, or the people in the oil and gas that we know are reasonable people that are doing their best to we know the carbon where they can, what is going on in washington that makes it so they are the enemy of what you're trying to accomplish in many ways? >> i think energy has been a topic for some time. there are conversations on both sides of the equation. carbon reduction, energy independence, affordability, energy stability, there are so

many different dimensions. i think we need to talk about all of them. we need to have a long-term view. i think my business, i am planning for what i believe will be necessary to serve my customers to electrify the economy in the 2030s and the 2040s. i'm trying to get to know zero by 2050. that means we have to have conversations about a variety of resources and the diversity of supply. there is never been a single source of power generation that has powered our country. i don't expect there to be over several decades. i encourage the conversations. >> am glad you say that. not compromising with great american set up in their best, to make more renewables, that person is a great american. they should not be insulted, which is what i think he was. that is my own words. you are in a leadership position. thank you so much, lynn good. to make the curtains for the team on global currency?

jim cramer is not flipping a coin, he is going off the charts on the euro, next.

the euro traded at parity with the u.s. dollar. is a very slightly. the euro has been obliterated. nobody thinks it can recover. that is a big deal. the cheap currency makes exports from the euro zone much less expensive and imports much more expensive. you can make our goods less competitive. it can play havoc with technology service companies as bill mcdermott mentioned earlier this week on 1029. will the euro stay down here? i don't like betting on currencies. however, with the dollar front and center, as a reason to buy or sell stocks, add the depressed euro hurting company earnings, you can bet, i went

in the direction of the european unit. we are looking at the euro, with an outside expert. we are going off the charts with the help of carly garner, brilliant technician, the author of high commodity trading. she emailed me this week, that she thinks it can recover. i said, oh, come on, really? show me. let's put this moment into historical perspective. look at the monthly charge of the euro to dollar exchange rate over the last two decades. in the early 2008, when i went to europe, foolishly, the euro was trading at a dollar 50. that was because the greenback was in the gutter. nobody thought the dollar had a chance to recover against the euro. we saw athletes and other celebrities demanding to be paid in euros, rather than dollars. it was similar to last year when people wanted to be paid in bitcoin. there was not a great call.

to the surprise of these a lizard, the euro store to get weaker against the dollar, collapsing from a dollar 60 to a dollar 23. the currency markets are like that. there are decades where nothing happens. there are weeks when decades happen. >> the euro swiftly erased the decline. it has worked lower lower ever since. at this point, about 50 is a distant memory. they spent the bulk of 10 years lower than that. you never see a breakdown below $1.03. she thinks the one to one ratio is unsustainable.

that said, but so many traders trying to push the euro down, they are trying to push it down, they have one last pro down to crush the remaining balls to start the rally. this might mean this goes to 97 or 98, versus the greenback, and ingo. once the narrative shifts, they are printing us with rally. the euro dipped below $1.05. let's go look at that. within a year, he was back to $1.25. i remember these moves. nobody thought it would occur. do you think about my trip here, betting i thought the euro would do this and the dollar would do that? no. you can see that it has forced support right on this mark. this is in a sane world where russia did not invade ukraine.

we don't live in a world like that. we don't live in a sane world. investors can't get enough u.s. dollars. that's why the exchange rate is like this. as garner sees it, things are starting to normalize in commodities and bonds. she points out that the euro has support right where the currency is trading. the same time, the strength index, or the rsi, it is very close to oversold levels. when it gets down here, we will look at this. most investors don't want to mess with the currency markets. they prefer stocks, which i think is right. she says people are underestimating the impact of currency fluctuations. i did not know this, check out the chart of the s&p 500 in green, and the euro in blue, going back to late last year. she noticed that the features settled in the same direction,

86% of the time. look at that. that is a strong correlation, obviously, this will eventually translate to a stronger market. the higher the euro goes, the more money companies make doing business over there. we have a lot of companies where we lift numbers. it is for them to compete with european firms. it is hard. if the euro keeps heading lower, that is bad, bad news for the s&p 500. she thinks it is unlikely. let's watch the euro closely. when you get up in the morning, i know where the euro is. it will determine a lot of what happens. next is the question of seasonality. the stock indices have seasonal patterns. this is not always decisive, it is just a general trend. it is always worth watching. when you look at the seasonal pattern of the euro futures for more research centers, you can

see displayed a sharp tendency to find a meaningful low in early july. in other words, this is the time of the year when you expect the euro to bottom. this will extend to early october. this is one more piece of evidence that favors the bullish. i have to make this point. this move would shock people. there is so much money heading against the euro right now, it is just amazing. i want you to look at the chart. this is the volatility index, but for the currency rather than the s&p 500. according to garner, you will see large spikes in volatility, when we are approaching an inflection point. we have seen this time and again in stocks, commodities, currency. this will market the low in stock market. we saw a volatility shock and oil earlier this year on the heels of the russian invasion

of ukraine. the peak of oil volatility was the peak of oil itself, so far. why? this is based on option space. when people pay outrageous amounts for options as a hedge, that is a sign of desperation. she thinks we are seeing that in the euro right now. aside from march 2020, when the initial covid-19 onslaught shutdown the entirety of europe, this is the highest level of implied volatility that we have seen in many years. when you see the volatility spike like this, she points out that it concludes with a trend reversal, meaning the markets which is direction. look what happened in 2010 with the big spike, okay? see this going down, the euro goes down, get the big spike, and then this. in 2020, there was a volatility spike right before you hit the bottom. she is betting that happens again. wouldn't that be something?

the biggest reason she likes the euro is that everybody else seems so bearish. everybody thinks the same thing. they gets pricing to the market, and the opposite unfolds. she says 30% of the market is [ indiscernible ] for the rebound right now. if you only went by the media, there is even less optimism. the media has written this off. she thinks that the negativity has been baked in. it does not hurt that the european central bank, just today, said they are paying attention to the impact of exchange rates on inflation. here's the bottom line, the charts interpreted suggested that the euro is ready to rebound. if not now, then very soon. i would not be surprised if she is right, and it helps take the whole stock market up with it. david, in oregon, david?>> yes. >> you are up. >> is this jim cramer? thank you for having me. first of all, i would like to

say that you have been more right than wrong on everything i have looked at. >> thank you, that i can ask for. people think we better thousand. they are just crazy. you can about 300 and be in the hall of fame. thank you very much. >> i have watched 29 for years. i have been a market for 50. i love it. so you are very kind. i needed that. sometimes, twitter, people are not that nice to me. i don't get that. >> they get emotional about losing money on their own. stomach they just find me, let's go to work, what we got? >> i like hubert. i have been watching it go down and down. like everything else, i think it is a great company. if i bought it here, would you recommend, let's say you like

it, and i bought it here, and covered calls against it to protect myself for a while, till the market gets straightened out, what you think? >> you are limiting your upside if you do that. i think uber can go lower. the reason i say that, is because i don't think the numbers are that good. you might want to wait until the next quarter. david, i want to thank you. i take a lot of heat. i am in the arena. i come out here every day. you know what, all i can do is what my late lamb would say, i do my best. >> then we have carly garner think something crazy, that the euro is ready to rebound. do not forget, tonight, if not now, then very soon. i would not be surprised if she is right. i think everybody else would be. we have much more "mad money" . could hotdogs be a red-hot

investment for your portfolio? i will check in with the ceo of a regional player that was to take over the world. >> now we look at the saga with twitter and elon musk. from the investor standpoint, is that a wise decision to use twitter to buy at this level? we have rapidfire tonight in the lightning round. stay here with jim cramer. (vo) everyone knows to get wireless savings, you need to be on a family pla- ...oh... (jane) with visible, i get unlimited data for as low as $25 a month. no family needed. (vo) i guess i spoke too soon. visible. single-line, unlimited data as low as $25 a month.

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is a discharge speculating on last year's beaten-down ipos? it is about there. we were flooded with new listings last year. the whole complex turned toxic.

they started to extinguish and distinguish the ones we wanted. it was too much bad. there are a few solid stories from 2021, if you were to look. this is a fast, casual restaurant train shooting through with chicago street food. this was right before the ipo window and shut. they jumped to 57 a change in the peak in november. by the time we took a look at it in december, the stock back to the low 30s. i told her the fundamentals were good, be underweight. since then, the stock came down to $19. this is a beloved concept in the chicago area, with a compelling regional story growth. this is profitable. is it cheap enough to step up to? let's take a closer look with the president and ceo of the company. we are getting a better sense of where the company is going. welcome to "mad money". >> thank you, a pleasure to be here. >> i talked my friend that covers airlines and autos. when he heard you are on, he

said, oh my, he was so excited. he said the following, this is something to keep in mind from chicago guy who let loves it. hot digs are highly regarded, doesn't mean you will like one if you are from new york. how do we distinguish, why we would like chicago street food, nationwide, versus saying, that the chicago thing, and i don't want it wax >> you said at the beginning of your talk, the numbers speak for themselves. the average unit does $8.3 million. we have units that are well over $1 million or $9 million in florida and arizona. i think we are sleeping time. the economics are second to none of any restaurant chain in america. we are so early in our growth curve. that is why we are so exciting. >> that is 2.5 times anybody else. how are you putting up those

numbers? >> the restaurant business is simple in some ways. you have to give delicious, credible food at a great price point, and a great service environment. we do that in spades. the other thing we do that is special, we have great dining rooms, but we have boheme at the drive through's. all drive-through's are two lanes. we have people going through those in 6 to eight minutes, regardless of how long the line is. all food is made to order. that kind of flexibility allows you to be very successful. >> i remember speaking, many, many years ago, in the mid 80s to the home depot people saying if you open a home depot in new york city, the stock would double. everyone who works in new york city would try to do it. i was wrong, it tripled. if we had one of yours on wall street, you go to the drive- through where the rich people is, maybe that is what needs to

happen. your profitability is incredible. >> we have an amazing theme. we took this as part of the ipo tore through manhattan. we were in midtown on wall street. to your point, i will tell you, we got so much investor excitement, after being able to try the food. food is not something you can talk about. food is something out to experience, right? when you have one of the hot, crispy, french fries cooked in sallow, it's different. >> [ laughter ] , i do appreciate you. i read everything the companies put out. you did a q&a. this was from july 11. the last one is, why is it profitable? you explain why it is, this is genius. all the questions you posed, this is available to anyone,

are the ones i want people to ask before they pull the trigger. you are in uniquely into the what an investor wants. how is that possible? you run restaurants? >> if you look at this simply, investors are not that complicated. they want to know if they are putting their money in something safe, something with long-term growth potential, and most investors are smart enough to sniff through the bs. i can talk about revenue or growth. the fact that our margins are at the mid 20% restaurant level margins, it's unheard of. we want people to know that we are a safe. you daughter hope one day for profitability. we are profitable today. we generate a lot of cash. >> i am a big fan of dutch prose. i do not understand the real problems that dutch prose had with inflation with flavor and cost of food. you have been upfront about it. i want you to tell people that you are not in denial about inflation. >> inflation is real, we saw that.

we see it in commodities, and labor. the one place we take a different stance is, who want to provide great value to our guests. i don't want them to feel gouged. everywhere you turn, prices are skyrocketing. i want guests to go to her place, and have a great meal that is delicious, and billing, and pay the average tab of $10.55. in this environment, i want to be an oasis where people get great value. we are pricing behind inflation right now. >> your company is one of the most [ indiscernible ] companies in the lightning round. i can see why that is. i did the research. i want you to come back. you have a tremendous story to tell. if you want to send some of the

frozen food to us, the crew will go nuts for it. they heard what you're talking about. they love your french fries. they don't want dietary fries. thank you for coming on the show. it was great to talk to you. >> it is my pleasure. >> it has the [ indiscernible ] stamp of approval. they have more research about what you are getting into. i think this is one of the few winners of the recent grip of ipos. "mad money" will be back in a second. coming up, storm is coming. give us a call. jim cramer is the questions to all of your burning questions . where the lightning round, next.

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lightning round is sponsored by td ameritrade. join jim cramer from the new digs at the new york stock exchange, monday, july 19 on cnbc. "mad money" is moving on up. join jim cramer with a brand- new digs at the new york stock exchange. the fun starts monday, july 18 on cnbc. it is time to talk about the news. the lightning round is ready, we have michael coming in. >> hello, how you doing today? mech i'm well, how about you?

>> [ indiscernible ] point energy, they have a value of 11:29. they have been dead off. >> is no denying it, to tie something, devon is lost 25 straight points it is ridiculous, come on back, by it. scott in pennsylvania? >> yellow, scott from huntington valley, pennsylvania. >> that is where my friend thomas is from. what is going on? >> i wonder if i bought ice cream for you down at the vet? systemic i'm sure you did, i have ice cream, vanilla and chocolate. i've it down. what's going on? >> we have flex tonics. >> it is an inexpensive stock come i don't get it. dad a good quarter. i think it is every bit as good. i will buy it, i want to go to

[ indiscernible ]. >> catalina, that is fantastic, what is happening? >> i want to know how we're doing with gold? >> here's the problem, the dollar got strong, gold got crushed. i think gold is good. it is a hit, the same way i like oil. that is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade. coming up, good things may not come to those who wait. jim cramer xplains why elon musk should hit the tweet button now. "mad money" is moving on up. join jim cramer for the brand new digs at the new york stock exchange. the fun starts monday, july 18, on cnbc.

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there is a reason that twitter stock jumped 8% today. elon musk went may want to back it on the takeover, but i don't see it happening. the lawyers submitted a brief last night. it was good. it is an open and shut case. they win. i know why he changed his mind about buying this thing, there is an ironclad contract here. it looks like twitter got it.

unless his lawyers can find a document or bottomless discovery, they said they should lie, make up documents to entice him, he will lose. he will lose. he better start coming up with a game plan for how to make twitter better. regardless of his plans, i think the stock is a buy. the price is not far from the bid. it is a nice gain from here. why? first, want to say that 99% of what you heard about this case is completely wrong. elon musk made claims that he did not know things were bad before he decided to buy the business. there are two huge feelings out. there is zero evidence that they lied about any of it, including the number of his accounts. this was a hostile takeover. twitter did not want to sell, he is the one that did the

deal. you cannot go hostile and then play hard to get. more importantly, the stomach will take into account all the promises, and all the times he refused to be shown data. don't be surprised if the judge takes this stock, and gives it the old heave , and gives it to twitter. >> yes, they can do that. did you hear that from anybody else? they can do that. that is what makes twitter stock a purchase. that money is coming to twitter shareholders. the twitter board of directors is adamant that no deal needs to be cut between the plaintiff and the defendant for prices lower than what he offered. what should elon musk do? if i were him, i would fire his lawyers, just call me and i would say listen, go meet with twitter, and ask for a discount in exchange for an immediate close. this would still be a very nice deal, given the stock trades at 36. why should twitter sell for

anything less then with a grade on, when they haven't done anything wrong at all? by contrast, musk has dealt in bad faith. don't just attack me on twitter, read the brief. it turns out twitter opened up everything you wanted they had six meetings. they did that even though he said he might create arrival of twitter. you can bet that he does not want any of this. in this environment, twitter is worth much less. they will ask for discovery, hoping to find an email saying let's sandbag musk with the numbers that are better than they really are and will him into buying us. i bet it doesn't exist. anything he says but how twitter has he used this period five people, that's another complaint he has, go read the

fine print. that is why he would be foolish not get a deal right now. twitter's management should take it. what is the point in waiting? sell it to him. take the tesla shares and the debt, the better deal for both of they arrive at a price sooner rather than later. [ >> furious parents after the video release from the uvalde school massacre. i'm shepard smith. this is the news on cnbc >> they signed up for this, to serve and to protect they didn't do none of that that day. >> parents say they're livid over what they saw in the video and angry it's now public. >> we got slapped in the face again by them releasing that video. >> rallying against assault weapons. >> no one in this country is safe until assault weapons are federally banned >> the push on capitol hill to get weapons of war offme