Elon Musk Offers to Buy Twitter 4/14/22

Published: April 14, 2022, 3:36 p.m.

b'Carl Quintanilla and Jim Cramer begin the hour with breaking news, discussing Tesla CEO Elon Musk\\u2019s offer to buy Twitter for $54.20 a share, or about $43 billion. In a letter sent to Twitter Chairman Bret Taylor, Elon Musk wrote \\u201cMy offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.\\u201d Jim Cramer went on to say that he believes that Twitter\\u2019s board has \\u2018no choice\\u2019 but to reject Musk\\u2019s offer. Also in the mix: Bank earnings continued with Goldman Sachs, Morgan Stanley, Citigroup and Wells Fargo all reporting results.'