TikTok Deal Drama, Redoing Quarterly Reports, Musk’s $1B Boost 9/15/25

Squawk on the Street

CNBC

Investing, Business, News

4.1 • 567 Ratings

🗓️ 15 September 2025

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Carl Quintanilla, Jim Cramer, and David Faber discussed the latest trade news following U.S. and Chinese officials convening in Europe over the weekend. Trump said the meeting between U.S. and China has gone “very well” and hinted that a TikTok deal might also be close. The desk also debated President Trump’s post on Truth Social that companies and corporations should “no longer be ‘forced’ to report on a quarterly basis.” After the bells, the anchors broke down the big rally for Tesla after Elon Musk revealed he purchased around $1 billion worth of Tesla shares on Friday. Squawk on the Street Disclaimer

Transcript

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0:00.0	Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street.
0:06.0	Good Monday morning. Welcome to Squawk on the Street. I'm Carl Kington-A with Jim Kramer and David Faber post-9 of the New York Stock Exchange.
0:11.7	Stocks look to add to this remarkable stretch of all-time highs as markets get set for this week's Fed meeting and the headlines just now coming out of day two of U.S. China trade talks in
0:21.3	Madrid, 10-year 404. A roadmap begins with the Treasury Secretary saying a framework for a
0:27.0	TikTok deal has been reached with China. The president says he'll speak with President Xi on Friday.
0:33.4	Shows of NVIDIA under pressure this morning after China says the tech giant violated anti-monopoly laws
0:39.7	this was after a preliminary probe. And Elon Musk bought nearly a billion dollars worth of Tesla.
0:46.7	Stock is much higher after a very strong day on Friday as well. We'll take a look.
0:52.5	Let's begin, though, with the President's latest updates on these
0:55.1	trade talks with China, taking to Truth Social this morning, saying, quote, the big trade
0:59.1	meeting in Europe between the United States of America and China has gone very well. It will be
1:03.6	concluding shortly. A deal was also reached on a certain company that young people in our country
1:09.3	very much wanted to save. They'll be very
1:11.2	happy. We'll be speaking to President Xi on Friday. The relationship remains a very strong one.
1:16.3	Meantime, the Treasury Secretary on the tape a few moments ago discussing a potential deal
1:21.2	on TikTok.
1:22.2	I think the framework is for it to switch to U.S. controlled ownership.
1:31.0	But again, I'm not going to get ahead of the leader's call on Friday.
1:35.0	We have a framework.
1:36.2	They'll have to confirm the deal.
1:38.4	David, I think you've been working on this all morning long, eh?
1:40.9	Well, I've been working on this for like seven years.
	...

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