{"id":498854,"date":"2022-10-06T23:00:53","date_gmt":"2022-10-06T20:00:53","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cnbcs-jim-cramer-blasts-elon-musk-over-twitter-drama-big-tactical-mistake\/"},"modified":"2022-10-06T23:00:53","modified_gmt":"2022-10-06T20:00:53","slug":"cnbcs-jim-cramer-blasts-elon-musk-over-twitter-drama-big-tactical-mistake","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cnbcs-jim-cramer-blasts-elon-musk-over-twitter-drama-big-tactical-mistake\/","title":{"rendered":"#CNBC&#8217;s Jim Cramer blasts Elon Musk over Twitter drama: &#8216;Big tactical mistake&#8217;"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a240adc7f8bb\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a240adc7f8bb\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/cnbcs-jim-cramer-blasts-elon-musk-over-twitter-drama-big-tactical-mistake\/#%E2%80%9CCNBCs_Jim_Cramer_blasts_Elon_Musk_over_Twitter_drama_%E2%80%98Big_tactical_mistake%E2%80%9D\" >&#8220;CNBC&#8217;s Jim Cramer blasts Elon Musk over Twitter drama: &#8216;Big tactical mistake&#8217;&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1>&#8220;CNBC&#8217;s Jim Cramer blasts Elon Musk over Twitter drama: &#8216;Big tactical mistake'&#8221;<\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>CNBC\u2019s Jim Cramer unloaded on Elon Musk on Thursday, arguing the billionaire had no choice but to reverse course and buy <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> after miscalculating his ability to back out of the deal.<\/p>\n<p>Musk proposed buying Twitter this week at the original price of $44 billion, or $54.20 per share. The Tesla CEO\u2019s proposal came just days before Musk and Twitter were set to face off in Delaware Chancery Court \u2013 with many legal experts predicting he was likely to lose the case.<\/p>\n<p>When asked if Musk\u2019s offer was an attempt to \u201catone\u201d for his role in the dispute, Cramer asserted that he likely realized he was set to fight a losing battle in court.<\/p>\n<p>\u201cThe answer is the Chancery is just going to hold him to everything and he realizes that he made a big tactical mistake in not understanding the Delaware law favored the incumbent,\u201d\u00a0Cramer said.<\/p>\n<p>\u201cBret Taylor made an impassioned case, the [Twitter] chairman, that there\u2019s nothing here to even argue about, and that\u2019s what h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ened,\u201d Cramer continued. \u201cIt wasn\u2019t like he suddenly realized \u2018well, holy cow, I really want the asset.\u2019 He was going to have to pay for the asset no matter what.\u201d<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.mediaite.com\/tv\/jim-cramer-torches-elon-musk-for-overestimating-his-chances-of-beating-twitter-in-court-big-tactical-mistake\/\">Mediaite earlier covered<\/a> Cramer\u2019s commentary.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/jim-cramer-1.jpg?w=1024\" alt=\"Jim Cramer\" class=\"wp-image-24154841\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/jim-cramer-1.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/jim-cramer-1.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/jim-cramer-1.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Jim Cramer said Elon Musk made a \u201cbig tactical mistake.\u201d<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>As The Post reported, representatives for Musk and Twitter were still negotiating the takeover deal through late Wednesday, with no immediate resolution in sight. Musk was slated to be deposed as part of trial proceedings on Thursday and Friday, though the company was mulling whether to let him delay the appearance.<\/p>\n<p>For now, the trial is still slated to begin on Oct. 17. Sources told The Post that Twitter is unwilling to call off the legal date until it has a finalized agreement with Musk.<\/p>\n<p>Musk tried to back out of the original deal due to concerns about spam bots in Twitter\u2019s user base. Meanwhile, Twitter argued the deal was ironclad and sought a court order requiring Musk to proceed.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-1-6.jpg?w=1024\" alt=\"Elon Musk\" class=\"wp-image-24153075\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-1-6.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-1-6.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-1-6.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Musk has proposed buying Twitter for $44 billion.<\/figcaption><figcaption><span class=\"credit\">NTB\/AFP via Getty Images<\/span><\/figcaption><\/figure>\n<p>Cramer added that he spoke to lawyers who felt Musk was simply trying to wrangle a discount on the original price.<\/p>\n<p>\u201cPeople I know who practice in that court thought Musk was making an ill-advised campaign to get the stock price lower and that there was no reason whatsoever for the people who run Twitter to say \u2018you made a deal, now you can\u2019t break it,\u2019\u201d Cramer said.<\/p>\n<p>Cramer isn\u2019t the only CNBC personality to be critical of Musk\u2019s behavior in the legal fight.<\/p>\n<p>In July, CNBC anchor David Faber boldly claimed that Musk could face jail time after backing out of the agreement \u2013 a prediction that has not materialized.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/10\/06\/cnbcs-jim-cramer-blasts-elon-musk-over-twitter-drama-big-tactical-mistake\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;CNBC&#8217;s Jim Cramer blasts Elon Musk over Twitter drama: &#8216;Big tactical mistake&#8217;&#8221; CNBC\u2019s Jim Cramer unloaded on Elon Musk on Thursday, arguing the billionaire had no choice but to reverse course and buy Twitter after miscalculating his ability to back out of the deal. Musk proposed buying Twitter this week at the original price of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":498855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-jim-cramer-comp.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[133924,71739,39394,71740,27868,4976,10401],"class_list":["post-498854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-6-22","tag-cnbc","tag-elon-musk","tag-jim-cramer","tag-legal","tag-social-media","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/498854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=498854"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/498854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/498855"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=498854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=498854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=498854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}