none of them are worried about musk being distracted. him and believe he can multitask. that might be an optimistic view but it is the reality. ben: are they worried to say anything negative about musk? jack: alex:we talk to one guy with a $350 price target. they basically said this isn't an issue either. they are not unafraid to take shots at the stock but you raise a good point. the most important as powerful person in the auto industry, would not be good for your career to take shots. with respect to margin calls and a death spiral because musk is forced to sell people should remember a couple things. he has money to buy an update using that. the risk to a tesla shareholder was disruption for musk's selling. carleton: for this to make financial sense, musk, there's going to be debt so walk us through how this makes financial sense. alex:we are talking about the usual musk deal, he says he doesn't care and not something to say in the mna world, he does care and he has to care. twitter will be heavily indebted company, probably somethin

this is the line from musk.ys "my offer was based on the sec filings being accurate and the deal cannot move forward unless twitter proves less than 5% spam." it seems this deal will be held up until he gets more clarity from these executives at twitter. francine mentioned this was one area where we are glued in terms our attention. the twitter and tweets from elon musk. francine: i wonder if spam is unwanted publicity or unwelcome to robots. tom: there's a lot of questions he wants answered. switching focus, the planned secession of finland and sweden to nato as --president erdogan says he will not allow the nordic nations to join the alliance. ukraine is calling on european leaders to approve its candidacy status at the eu summit next month. the foreign minister spoke exclusively to bloomberg's maria tadeo. >> this is really the moment for europe to take itself to the next level, to legally enter ukraine into the eu integration project by granting the candidacy status. tom: joining us now is -- this seems to b

this is bloomberg. ♪ >> this is elon musk being elon musk. >> this is so elon musk. >> him doing what, stirring up the pot. >> i think he's angling for a cheaper price. >> he didn't have a problem raising. >> i would want to do anything i could to get out of the deal of the price he set. the price makes no sense. >> it is looking increasingly unlikely to be the final bid to the extent there is an acquisition. >> twitter was not as mispriced as other equities have been. >> when it is ready to be acquired, i think elon is attempting to lower the price. emily: welcome back to "bloomberg technology." i'm emily chang in san francisco. sticking to that story and elon musk. putting his deal to buy twitter "temporarily on hold," later clarifying he's committed to the acquisition. ed ludlow has the latest. we just heard reid hoffman, a friend of elon musk, we think he's serious and has a plan. ed: he thinks he's serious, i heard he has a plan. a lot of doubt in the voices across the market. twitter stock down 9.7%. the biggest drop since october. the reason we are following the share price in

their worry is more than elon musk. it is the population of people that believe outright falsehoods. can you talk about that a little bit? guest: i didn't hear the entirety of the question but i got the gist. this is a challenge not only for social media companies but for the world where what do you do in an age where everything, including truths is doubted. i think this is a challenging time for the united states and people in other countries where there is so much division and disagreement and you don't complicate the matters when you have these tools of influence that have different mechanisms than we have seen before. these are new companies, twitter is 16 years old and we are in this environment where our american ideology is being altered by fall speech. what you do when these software algorithms make viral information that might be untrue but interesting. we know that lies can spread more quickly than facts and undermines that facts can be the curative's for lies. what can we believe and how do we win this one? -

musk says there will be an ai day in august. what will we see their?bout self-driving? this is a weird year for them they didn't have new products brought to market. ed: the column, the hyperdrive, retake a step back and talk about the world of ev's and tesla, wednesdays column is about insurance. >> this is the big passion project of the cfo, they are trying to find new revenue streams. they say they are a software company, not just a car company. they want to have a captive audience with their customers, you buy a car, the solar roof, get the power wall coming miles well by the insurance as well. because they have so much data they can monetize it and offer you a premium based on your driver skills. other company's have tried to do that, and -- >> very quickly, what is the next thing to look forward to on the tesla calendar? >> in the tesla calendar we will have second-quarter delivery figures in early july. an annual meeting on the fourth. >> elon musk reporter and cheap, that does it for this edition of "bloomberg technology", we are back tomorrow

and later, elon musk's twitter war.e democrats but also takes a shot at the far right. ♪ ♪ with my credit cards wasn't good. i got into debt in college and, no matter how much i paid, it followed me everywhere. between the high interest, the fees... i felt trapped. debt, debt, debt. so i broke up with my credit card debt and consolidated it into a low-rate personal loan from sofi. i finally feel like a grown-up. break up with bad credit card debt. get a personal loan with no fees, low fixed rates, and borrow up to $100k. go to sofi.com to view your rate. sofi. get your money right. ♪♪ (music) sofi. get your money right. who said you have to starve yourself to lose weight? who said you can't do dinner? who said only this is good? and this is bad? i'm doing it my way. meet plenity. an fda -cleared clinically proven weight management aid for adults with a bmi of 25-40 when combined with diet and exercise. plenity is not a drug - it's made from naturally derived building blocks and helps you feel fuller and eat less. it is

investors voicing concerns about elon musk's looming and just after the meeting, musk files to change the balance of equity and that in the deal. our own ed ludlow will join us live from the ground. and amazon holding their annual meetings as well. it is the first one for amazon ceo andy jassy. how he addressed growing concerns about worker safety at the company's market cap threatening to dip back below $1 trillion. all of that in a moment but first let's get a look at the markets, stocks climbing after a volatile trading day in the tech heavy nasdaq 100. outperforming. bloomberg has the latest. why the turn from yesterday? >> it is quite interesting that we do see stocks finishing the day in the green. and as you mentioned, nasdaq 100, really outperforming here and a lot of that down to some of the heavyweights, apple and amazon in particular, leading that index higher. i will point out that a lot of the impetus, the momentum really started gaining after the fed minutes. were starting to see traders paring back expectations in how aggressive the pace of rate hikes maybe. that is tho

i think we'll show it, musk tweeted back. you see at the bottom what musk tweeted. long diatribe explaining about spam on twitter. what does this go on here? what does it mean for free speech and fight for that? >> look, when you're going to spend $44 billion on communication company verifying the actual human losers seems like a logical request for a person. the true value after social media company is the ability to monetize its users and it is very, very hard to monetize fake users. a lot of people want to push this off as elon musk wanting to back out of the deal. i don't see it that way. i see this as a situation where elon musk does want to purchase twitter but wants to purchase it at a better price. elizabeth: ford, the market is saying that twitter is now worth $16 billion less than what musk was offering at 44 billion bucks. this is, supposed national town square. this is where people come for speech. if it is behind the scenes it is even worse and more rotten than we realize then what the heck were we doing all these years listening to whoever was dominati

elon musk could make that happen through his deal.mily: musk said he would be twitter's ceo for a time, but is it possible that jack dorsey comes back as ceo as well? sarah: that is possible and it is one of the top names that is speculated. elon musk running it or a few what -- for a few months may be something that is trying to get investors on board with the plan. he has a bit of a midas touch when it comes to the things that he says are going to work out. he certainly has lofty plans that he has put forth for twitter, but he has this cult of personality that when he takes charge of something, people listen and come on board. maybe he should convince jack to come back and run twitter or maybe he has somebody else in mind. emily: what do you make of that thought, ed, given that elon musk runs another company? ed: he has the talent sharing material this goes between from tesla and spacex. he has tweeted a lot that twitter is ultimately a software company and he has talked about making stakes of twitter the underlying technology. he h

that's why we encourage elon musk to buy it.ch tyrants. >> martha: elon musk calling that fake news that president trump encouraged him to do this $44 billion twitter takeover, the tesla ceo tweeting today, this is false. i had no communication directly or indirectly with trump who stated that he will be exclusively on truth social. in moments, trump media and technology group's ceo devin nunes response to this back and forth. first to kelly o'grady. hi, kelly. >> hi, martha. there's been a lot of speculation around what motivated elon musk to initiate this twitter takeover. he's been very vocal about his open town square vision. who motivated him is even more murky. reports are surfacing that musk did not confirm or deknee that he was receiving behind the scenes encouragement from influential billionaires, investors like jack dorsey to the platform's lack of clarity since stepping down. musk was also growing extremely frustrated by key accounts and much of the conservative reaction to the bid expressing hopes of the billionaire

it seems like this is bigger than musk. and to say this is despite musk seems like a little shortsighted i would say. >> but it shows these tech companies are trying, their continuing to try to deal with the nonsense that pollutes the internet. you live in this world on this beat every day, how do you size up the disinformation landscape? >> unfortunately, it is a huge issue and i think some content moderation, it is helpful. we're still working on it. you know, it's -- it's bigger than we know, and i think this is a good first step. we will see what happens if elon musk ends up buying twitter, if he keeps the policy in place or not, but it's a good first step, it's a huge issue. >> everybody stay with me, much more in the moment. but musk is in the news for other reasons as well. on thursday the webbite side insider published an allegation that he sexually harassed a spacex flight attendant in 2016. musk propositioned her for sex and spacex spade a $250,000 settlement for her silent. musk tweeted the incident that it never

now to a quick update on elon musk's bid for twitter.s to lead a billion dollars in financing for the bid . this adds to the long list of unusual investors musk has secured in his deal to buy twitter ranging from larry ellison to andreessen horowitz to finance. coming up, what do drake, lebron james and bono have in common? in addition to all being superstars, they are backing a home solar energy company. we will have more on that business, next. this is bloomberg. ♪ emily: time now for this week's technomic's statement. rooftop solar is a surging sector but only 4% of homes feature solar panels. however, investors from lebron james to arnold schwarzenegger believe palmetto can turn that around. i want to bring in palmetto founder and ceo, chris kemper. how have you gotten folks like drake, bono and arnold schwarzenegger on board? chris: thank you for having me. these type of investors see what we have been working on since 2009, which is climate change and energy independence is a big problem. for palmetto, unlike peers in our space com

the musk and twitter news has pushed tottenham arsenal beside. i don't want to get into it now, but i think to see it was to believe it. jonathan: i'm happy we are on the same page, totally inappropriate. 15 or 16% in early trading. lisa: basically elon musk with one tweet wiping off billions of market value for this company that ended the day yesterday at 35, $6 billion in value. how much does he back away from this because of the concern about bots that seem to have been remedied because there were not as many as he expected on the platform? how much is this a rereading because he felt -- rerating because he felt like he was going to pay too much or a nobody that would price lower without his influence? jonathan: and is the financing lining up? perhaps concerned about bots is justified. there's a massive spread between the stocks, 38, and the agreement, 5420 -- 54.20. tom: the drawdown on tesla is 41%, we are down in the 700 level which is where a lot of people calculate the margin call. maybe the margin call is below it but mr. musk has to be

elon musk is at it again. twitter report says it's committed to the billionaires original takeover deals despite his concerns. the tesla ceo using the social media platform to vent frustrations on the ev maker getting yanked from the index. all of that later this hour. let's get a look at markets paying for stocks. the s&p 500 suffering its deepest one-day drop in almost two years. here is the latest. consumer retail tech all in the red. >> all in the red, and it has been nothing short of brutal when you have the s&p 500 closing down from 4%. the nasdaq 500 being weighed down from 5%. you have this at heavyweight like apple and amazon down today overpriced in today's session and big tech not being held by the fact that we did have lower yields on that 11 basis points and that's really not helping the markets out today as we fall back into safety and treasuries. when we talk about that risk off sentiment we have to talk about bitcoin. below that $30,000 threshold there and if you actually think about it coin, a

i think it hurts ehlon musk's credibility.es, but what you see a lot of money changing hands and people who got burned maybe would be people who were following him saying i believe he's going to do the deal, comes out with the tweet, oh, maybe not, i'm going to get out of it. now it's back up it's only down 10% now maybe if you were lucky, were you sleeping through all this. >> and the market doesn't open until 9:30 there's trading. >> it's thin volume. >> yeah. >> it's all premarket. so i don't know how many people -- >> he's now, i don't know if you guys have been following exactly what he's been saying. but in a number of interviews he's done. just this week when he did the interview with the "financial times. it was intended to be about tesla but turned into an interview about twitter. he ends every sentence or, you know, every part of it by saying if, if the deal goes through, or, you know, it may not go through, or i may not really own it it's sort of an interesting approach no other ceo approaches it that way. >> well,

laura wright is on the elon musk and twitter story. dani: we have also got charlie wells looking at the closures and we are joined by the latest for ukraine tensions. shanghai is -- has confined citizens to lockdowns for weeks. there saying that they're getting the transmission under control. where joined by juliette saly and it is all about that tech rally in asia. juliette: it is. let's talk with what we are talking about in shanghai. how quickly can the city wrap up its growth engine and ramp up again do ease these strict lockdowns? we're looking at shanghai metro passenger volume. it is at a flat line and much weaker than what we saw than when we saw the pandemic hit. we could expect that to start ramping up as people continue to get about their daily business. it is a different story from what we're hearing in new york where they're getting towards a higher level of the virus and they could be reinstating those mask mandates indoors. let's look at the impact on markets because it is all about the reopening and we are seeing a thir

i've got to tell you, musk, i didn't see it coming.n when he made the announcement that he was going to buy twitter i actually didn't believe the day would come when the board would actually say yes, we are selling twitter to you. "yes, we are selling twitter to you." but that day came on monday, and we're going to talk about that decision in detail. vivian, thanks for being with us. chris williams is also on the media show. chris, you're the business editor of the daily telegraph. and i wonder when you were watching what piers morgan, and talk tv were doing this week, as they launched, whether you felt you were watching the future. in some ways, but in some ways it's a hearken back to rupert murdoch's done in america and it's kinda back to the future. they're still big questions about the economics of tv news, they whether they make it work, taking two approaches. one is to use assets they've already got in radio, in newspaper to make cheaper content. and then do monetise new investments like piers morgan's around the world. it's a ne

elon musk says he is concerned about bots.e accounts often used to spread misinformation in social media. twitter previously disclosed that less than 5% of accounts on its platform are those spam accounts or bots. questioning that estimate. or at least, so we think. joining us tonight, dr. nolan. social media studies at cal state, east bay. nice to have you back on the program. what's going on here? you tell us from your perspective. is this perhaps a ploy to buy twitter for a cheaper price for elon musk? >> it is a great question. musk appears to be using the real problem of fake accounts to distract from something. some thought maybe he was distracting from his finances. others think may be a complex negotiation strategy. regardless, it seems like an odd behavior to publicize in a company you are attempting to buy. >> the whole thing about this is odd. does twitter have bought problems? are they hard to spot and remove? >> they are largely private unaccountable company. only the folks of twitter would know that. we as users

in this case it's all about elon musk, and that's what elon musk likes which is attention on him andnd his thoughts and this is what he wants to buy. he's rich and wants to buy it. >> and he's getting the attention. kara, dan, thanks very much. >>> roundtable is next. thanks . >>> roundtable is next. - i like him! - c'mon ? nooooo... nooooo... quick, the quicker picker upper! bounty picks up messes quicker and is 2x more absorbent, so you can use less. bounty, the quicker picker upper. i don't just play someone brainy on tv - i'm an actual neuroscientist. and i love the science behind neuriva plus. unlike ordinary memory supplements, neuriva plus fuels six key indicators of brain performance. more brain performance? yes, please! neuriva. think bigger. (vo) verizon is going ultra! with 5g ultra wideband in many more cities, you get up to 10x the speed at no extra cost. plus six premium entertainment subscriptions, included! like disney+, music, gaming, and more! (mom) delightful. (vo) saving you over $350 dollars a year. and for a limited time get a 5g phone on us! no trade-in require

elon musk sold 8 billion worth of tesla shares after making a deal to

root of disagreement, it is obvious that musk wants to influence politics.t the social network. he is sad that twitter has suspended trump and other people's accounts on the platform, and musk stands for freedom of speech billionaires answer from brussels was already a social network with a lot of warnings. this is the european commissioner. in the internal affairs of the dash, the breton threatened to block twitter if musk weakens content moderation, the next i will buy coca-cola to return the koit around the social network to it. now a big game of politics has arisen, i relied, because twitter, with a mask, will itself become an instrument of big politics. in order to understand why elon wanted to grab twitter, you need to figure out which part of the american political cycle. we are now the deadlines of the presidents of the united states are flying by imperceptibly, they do not have time to blink an eye, and it's time to think, either about leaving or about re-election. what is biden thinking? we seem to already know at the meeting with obama he made it

twitter will have an impact on politics will expand the influence of elon musk.ll be able to manipulate information, and this whole story, of course, looks beautiful, but musk himself has not yet declared openly about his presidential ambitions. no, maybe in principle to state this, because according to the american constitution, only the person who was born in the territory of one fifty states can become the president of the united states. elon musk was born in south africa, but there are always loopholes, for example, he could lobby for the process of amending the constitution, however, billionaire. can always become a gray cardinal. just supporting someone, but who knows, maybe his ambitions stretch. much further than the white house lawn, that's good. known. whoever owns the information owns peace andrey sukhanov ivan malyshkin pavel tolstov. and denis gerasimov central television. well, let's return to russia again. because there is important news for ntv viewers immediately after our broadcast on the tv channel, the big premiere of the film immortal from di

we saw a lawn musk raise his -- saw elon musk raise his equity portion of the deal. i assume he's not going to walk away from the deal. i assume he would love to get a lower price. whether he can get it or not, or get those shareholders that he convinced would be a good buyer of their stock, whether they would still be willing to sell it to him at $40 or some lower price. i don't know who has the most leverage in the environment. maybe he does. i assumes he really wants this asset, that he does not want to waste $1 billion. at the end of the day, elon musk wants to own twitter. my guess is this gets negotiated at a lower price, or we will be spending a lot of time in courts, which will be unfortunate for everyone involved. emily: how insulated do you think twitter and snap are from the problems twitter is facing? mark: i think twitter has relatively material exposure to europe and it's very heavily into print advertising. that is probably the weakest part of the internet advertising ecosystem. that is 75% of twitter's total revenue. if that is what is taking down sna

elon musk why the american establishment turned on the eccentric billionaire? what threat did the powers that be see in him and why this time the hand of moscow certainly has nothing to do with it, the cinema will not be just popcorn in russian cinemas, a critical lack of repertoire. is cinema doomed to extinction without western premiers of the russian industry? and also the special guest of the program, actor sergei puskepalis, how did he become immortal? last week, the fantastic superfinal your illusion died down. let's remember the best moment from the third season of our favorite mask show, touched my soul. scored at the subway, i became a friend to retire quietly and give this country to you better mask today at 20:30 on ntv, it seems to many that after 60 life fades and in vain, in fact. this is a very exciting age. you are a super 60+ new season from may 15 at 20:30 on ntv live on central television and we continue to announce the biden strategy. postponed yet again is us secretary of state anthony blinkin, who was due to deliver a summary of white's ne

what is behind this unhinged, not just for musk, but the broader media, and on musk, molly, what do you make of it? is he just a very simple person -- he came on the show if you days ago and she said to me, he's complex. don't mark him, he's actually a smart guy. we should just dismiss him as a symbol ton, but every day, i get more evidence that he's a simpleton, or he's a far right-wing or just taking center stage. >> i do think he's being courted very hard by this far-right fringe, and you see it. you see joe rogan and those types are working very hard to sort of charm him. he does seem to be a person who likes it when people are nice to him, right? so is quite upset with the left because he has all these labor problems. he has, you know, a lot of workers complaining about racism and sexism, terrible sexual harassment complaints and racism complaints in the factories. so there's, you know, there is a real move to try to unionize. but also if he doesn't like. i think he's a person who likes to be liked, and that's really what it is. he's working really hard to make it his friend. the o

elon musk hasn't actually bought twitter yet. musk is actually going to buy twitter. reasons donald trump may not want to come back home. musk has said is going to be more of a job than ever. >> the reason twitter was focused on donald trump because he w saying things that weren't true about covid and about the election results. what is elon musk one to do about people who are spreading misinformation? >> he made a distinction about a permanent ban and suspension. he is not going to stop people from being suspended but he doesn't like permanent bands. he also talked about de-escalating certain tweets, not promoting certain tweets. this is the first time we have heard about a moderation policy. to put it simply, it is not going to be moderated anywhere near as much it is now. you are going to see a lot more disinformation on the platform. you are going to see people once again, false claims about covid, etc.. a necessary evil to promote free speech. >> that is a story that is going to run around. that is james live with us from the u.s.. that wraps up this edition of o

clearly the price should be lower, but musk committed at 54/20. i still think the bigger issue is around tesla shares, he's been trying to diversify a way from being responsible for the sheer volume of his own shares collateralizing loans, of him having to raise his own cash, 19 investors are committing 7 billion. jason -- they're trying to raise extra money so it doesn't affect external shares but tesla the company 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

for a changing world. ♪ >> this is elon musk being elon musk. i don't see him turning back. if he did turn back twitter, there would be some sentiment reset. but i think on their fundamental basis, i don't think he paid much of a premium. i think that twitter was not as mispriced as, you know, perhaps some other equities have been. tom: no one on the faang stocks have been more right and has been less humble than barton crockett. thrilled that mr. crockett was with us this morning, particularly his enthusiasm for alphabet, and the others, not so much. with the chart of the moment, ritika gupta. >> let's talk about the twitter deal that is hitting tesla. it is taking a macro swing. we are shaking things up. twitter and tesla shares normalize on a percentage basis going all the way back year to date. what you will see is it since the deal was announced or even thought about on elon musk's twitter account, you see this variation. twitter shares have been relatively stable, kind of being fixed to that offer price. tesla shares, on the other hand, have taken a dive. a lot of this

. >>> is elon musk's twitter takeover in jeopardy why he says the deal is temporarily on hold >>> after 12 years, a chilling 911 call released from a still unsolved case that triggered a serial killer probe. >>> and he's on top of the world. my conversation with the youngest american woman to climb mount everest. >> announcer: this is "nbc nightly news" with lester holt >>> good evening. president biden tonight standing up for his administration's response to the infant formula shortage, predicting in a matter of weeks or less there will be significantly more formula on shelves. with multiple congressional committees looking into the shortage, the administration says it is working on several fronts to increase supplies, including tapping formula from overseas the shortage which has been quietly developing for months now is being felt nationwide with tennessee, delaware, and texas among the hardest-hit, and certain minority communities being especially impacted, prompting worries about long-term health consequences tonight, parents and caregivers looking for guidance and answers jo ling

elon musk.e is trying to line up even more equity financing so he can do away with the entirety of the margin loan portion of the deal to buy twitter. there could be some relief on paper for tesla but still down .8%. emily: another date, another twist to the elon musk story. i want to talk about apple falling again, behind saudi aramco as the world's most viable company. our guest heads-up a team, so is this a changing of the guard or a momentary blip? >> will, not much is happening if you take a step back and look at it in the perspective of the world i'd look at on a daily basis. it is down 20% from the highs, 17% from the average value of the last 18 months. look at tesla, down. amazon, down 30%. google down 30%. apple on the relative basis is doing quite all right. and there are a lot of reasons for that. they have done very well. they have grown to the last five years, earnings, more than 20%, and they have been very well in the recent context through the pandemic, through inflationary pres

musk paid the woman $250,000 in exchange for a promise not to sue or disparage musk or the company.m connecticut, charlie gasparino, senior correspondent for fox business network. now, i'm not bit pagerring business insider's reporting, but maybe musk knew that this was coming or something like it when he predicted a campaign of political dirty tricks against him. >> well, you know, he's in the news, so people are going to do reporting on him, and stuff like this is going to come up. obviously, the number, $250,000, it wasn't $250 million or $2 million, is appallingly low for a, quote-unquote, serious crime that's being alleged. there was no, and there was no criminal charges brought against him. so you've got to look at this with a grain of salt. i would just say this, whether it's politically motivated or not, it's hard to tell, i do know when someone's in the news like elon musk is right now, you go out and to a lot of reporting. by the way, there are a lot of professional investors who bet against tesla's stock. they're called short sellers, they do all kinds of research on the

musk's offer and has a 4% stake in twitter will roll that stake into the musk buyout.k certainly seems to have turned him around, jon. >> this isn't a plan, is it? i didn't see a plan. i saw promises this reminds me of that stone soup story from way back he is talking about a 5x revenue increase that looks to me like not reducing the reliance on advertising but he plans on increasing ad revenue two and a half times and then doing a subscription thing on top of that that sounds different from what he was saying before he also seems to say he plans on hiring more staff versus actually cutting back staff. i mean, if anybody else but elon musk had put this up, made these promises, let's say, because, again, not a plan, i think they would be laughed out of the place. >> very ambitious goals. but you are right, this is a dramatic shift at first he was talking about twitter being a utility, something about helping people and free speech. actually, he said at first said this wasn't about making money but yes i can make money we will see what the subscription piece is, and the

you mentioned elon musk's tweet. let's show that.ick figure political chart. >> you just reasoned, and you got a kick out of this. why? explain this stick figure chart and what you think it tells us. >> well, i think it's ooh another example of elon musk being unbelievably smarter than almost everybody else. he took everything pollsters and social analysts have been saying and political analysts and and put it into a very simple tweets, a couple simple stick figures. back this 2008 he was sort of a liberal, and the liberals were fairly close to the center. then in 2012 he was sort of in the center, and the liberals were going to the left. now today the he finds himself to the right of center, and he finds the liberals have gone crazy, they're so far to the left. and meanwhile the conservatives in his stick figures are about where they've always been in the record of reagan and what we did and trump. so i thought he captured in that one documenting the whole policy problem. now, as i said, there's a performance failure and there's a p

filing musk reporting seeking additional funding as the margin loan commitment expired musk is upping the total commitment to $33.5 billion. that's an additional $6.25 billion in equity. the stock is moving higher presumably because musk is moving forward seeking more financing is not unexpected it comes after reports three weeks ago that he was seeking more financing for the deal. also comes after the shareholder meeting today and the only comment on the deal is moving forward with terms originally negotiated with musk and filing just as the ftc and doj announce they are suing twitter over misrepresenting the extent to which the company maintained and protected the security and privacy of the nonpublic contact information alleging the company failed to disclose it used it to target ads. >> there's part of the filing to indicate musk talking about existing shareholders like jack dorsey to roll the shares into the parent company to retain their ownership. is that new? is that official or now that it's in the filing. >> i'm not sure. that is officially a new thing or heard about as an i

let's watch the media and their outrage over musk taking over twitter. >> elon musk lives in a worldly kind of free speech is white men feeling free to say whatever they want. >> not so bright billion or casually but one of the world's most potential messaging machines and handed it to the far right. >> his idea of freedom means freedom to be a jerk. >> it's about free speech of straight white men. >> elon musk just knew he would escape to space and the rest of us are things will have to deal with this. elizabeth: why inject race into this? >> they are scared because they know this would be a sort of opening up an avenue for truth. i hope at the end of the day he does buy it just for the good of america because we need more public marketplaces of ideas, exchanging ideas and telling the truth. all that we just saw, all was unknown truth, untruth. purveyors of disinformation pretend they are purveyors of information. elizabeth: musk is saying he believes trump lungs on twitter but prefers someone less divisive to run for president in 2024, that's what he's personally saying. he's also

that was elon musk talking about that. what is your take on elon musk pushing back in that way?solutely should push back on it. he considers himself a free speech absolutist, frankly the media in this country last 10 years, corporate media and social media has been biased towards one way, towards democrats. he is absolutely right. he is new sheriff in town to allow speech going forward. >> he was on brian stelter's show, this went viral, you cannot let these guys meaning elon musk control discourse in this country. quote, we're headed to hell. trump opened the gates of hell, they're chasing us down. how will we control the channels of communication in this country? he said how are we going to control that? what do you think of that? >> this is classic liberal hypocrisy and over the top hyperventilation. what this cnn media analyst is saying that elon musk purchase of twitter threatens the democrats ability to control the narrative. even more jaw-dropping the government should do more to regulate the first amendment because only trusted media folks like this person should be allo

>> i think this is elon musk being elon musk. he's negotiating.hink it's what's happening here, ashley. he's not a man who operates in a linear fashion. i think it's why he's been able to accomplish so much of what he's been able to do. what the wealthiest man in the world? if you can raise enough questions about what's happening behind the scenes, you might get some sort of concessions. maybe that's in a lower price or maybe that's just an ability to actually do what he wants to do once he takes the over. remember the people inside twitter think that he's some sort of conservative demagog whose going to takeaway hair liberal pulpit. he's not going to do that. he's made it very clear he wants to make this a democratized platform for the masses so if he can raise enough doubt about the people running it maybe that gives him some cover to bring in his own people and remake twitter in his own fashion. i think it's a negotiation, ashley. ashley: that's all right all of the above, but it's always fascinating what musk does. let's move on to the fed min

reportedly considering hauling musk into testify about his plans for the company.hile conservatives have sadly discovered thousands of new followers on twitter. what is up with that? is here to help us sort it out. plus a surprise decline in first-quarter economic growth. we are looking at a contraction in the first quarter. fueling fears of recession. amassing bank of american chair and ceo and david if they are sounding the alarm as well. the biden administration still pushing for a nuclear deal with iran, despite confirming a real and ongoing threat from iran's revolutionary guard against past and present officials. including former separatist state mike pompeo the secretary will be joining us coming up. but first senate democrats are desperate to get elon musk on the hot seat after's buyout of twitter. ed markey said they have to understand the censorship or lack there of content moderation or not that's going to be the policy for the new owner. senator richard blumenthal said there's imperative to ask musk to testify on his plans of twitter address lawmaker co

elon musk's tweets. his first reading at twitter deal temporarily on hold pending details supporting calculations that spam or fake accounts do indeed represent less than 5% of users. shares of twitter stock instantly fell, costing the company billions of dollars in value. >> if you do business with elon musk, you're going to pay the elon tax. that is the additional amount you're going to pay in confusion and uncertainty. >> reporter: twitters shares stayed down. the focus briefly turned often called bots, they preten accounts. spreading lies on social media platforms like twitter. >> they tend to perpetuate misinformation, disinformation, and sometimes it is by bad actors. sometimes it is just an algorithm that simply has them doing work on a platform that is not real. >> reporter: twitters market value now stands $13 billion below his original offer. some say this latest development could give musk the opportunity to buy twitter at a lower price. >> look at the effects of that for the employees and for

give two musks what anybody thinks about him.e clarity from the most financially successful person in our world, let's not think that elon musk is going to be filling up the prime time hours and fox news anytime soon. is not a conservative. his company tesla is driving people to get abortions if they want them in light of what is going on with roe v wade. he is no right winger. he calls it like he sees it and this is how he sees it. showing the biden administration never created one job, they are job killers, elon musk is a job creator. as for basis two things come to mind, this is the guy that owns the washington post and let's not forget the washington post has propped up president biden, if they are walking back, that is a huge story and that bodes horribly for the democrats come the midterms but also when pressed on this the white house answer is but taxes, the rich people don't pay enough in taxes, that is a non sequitur, you ask how you're doing today and i recite the alphabet. it is a non sequitur, doesn't have anything to

in member research was already short despite musk's bid for twitter.you think this ramps those positions up? adam: it is hard. we dealing with information that is getting tweeted out and all hours of the day, so it is a really, really difficult situation right now. i don't know if i would aggressively short it now at these levels, but i think $54 $.20 is looking increasingly unlikely to be the final bid, to the extent there is an acquisition. guy: carry on. adam: no, go ahead. guy: is twitter worth more with less than 5% spambots or more than 5% spambots? adam: presumably those bots are skewing, kind of, the impressions as far as advertisers are concerned, so i think from the market perspective if they were to come out with a much lower user figure that would probably spook some people, but advertisers will probably appreciate the greater transparency, and that could help advertisers to the platform. if the objective is to provide a really the review a few -- of who is using twitter to advertisers, i think you could probably see ad rates tick higher. m

i see the way elon musk uses twitter and it reminds me of when it no.putting anything out you want to stir people up and say that was a joke. people have been heard from what has been posted on twitter. careers have and lives that have been destroyed from twitter posts. we have to be very vigilant about it. i have to say, he could walk away by in just $1 billion in the deal. >> right. right, right. >> pocket chaise to him. that should be part of the story too. someone has that much money and that much wer. i feel he is making a power move and controlling a very public square of information. >> absolutely. let's turn to a story about people who do not have as much power and do not have influence. hearing seven happy this week about the proposal of governor newsom to implement care courts to address issues with homelessness. you have been following the hearings. >> interestingly i think obviously this is aimed at homelessness but really it is in the severely mentally ill but i think they are trying to make the distinction. this court could help people who