Tesla Rises on Musk-Twitter Poll, EU vs. Meta, Costco CEO Exclusive on Inflation and the Consumer 12/19/22
Jim Cramer and David Faber led off the program with Elon Musk's Twitter poll: The majority of the platform's users said Musk should step down as head of Twitter. The anchors explored what it all means for shares of Tesla, which have tumbled since Musk closed the Twitter deal in late October. Also on the tech front -- the EU has charged Meta with antitrust violations. Costco CEO Craig Jelinek joined the show exclusively and offered some eye-opening perspectives on inflation, the consumer and the holiday shopping season. Also in focus: The Senate Banking Committee Chair mulls the idea of a crypto ban, Disney shares slump as the "Avatar" sequel’s box office debut comes in shy of expectations, plus Cramer's skepticism regarding L3Harris' $4.7 billion deal to acquire Aerojet Rocketdyne.
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