Jim Cramer Discusses Tesla (TSLA) & Elon Musk

We recently published Jim Cramer Discussed These 25 Stocks In An Important Show About AI Spending. Tesla, Inc. (NASDAQ:TSLA) is one of the stocks Jim Cramer recently discussed.

On the day this show was aired, Tesla, Inc. (NASDAQ:TSLA)’s shareholders hadn’t approved a new pay package for CEO Elon Musk. This package, which could see Musk become a trillionaire, was approved by the shareholders with more than 75% of the votes last week. The package is the largest of its kind in history, and at the shareholder meeting, voters also voted in favor of Tesla, Inc. (NASDAQ:TSLA) investing in Musk’s AI company, xAI. Cramer discussed Musk’s threats of leaving Tesla, Inc. (NASDAQ:TSLA), and whether it would be worth owning the stock if he left:

“That would be devastating. We don’t really even know that many other people who work at Tesla. I’m sure they’re very good, they’ve assembled a great team. But, it, look I’m not going to say it’s a death sentence, who would want to own that stock. I just don’t wanna own. . .This would be the highest profile decline of a company because of a CEO departure that we’ll ever see.”

While we acknowledge the risk and potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TSLA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.