Jim Cramer Discusses These 12 Stocks, Elon Musk & President Trump

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4. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders In Q4 2024: 126

Tesla, Inc. (NASDAQ:TSLA) is Elon Musk’s electric car company. While the firm ended 2024 on a strong note as its shares gained 74% during the year, year-to-date, the stock is down by 10.9%. Multiple catalysts have driven the poor stock price performance. For starters, Tesla, Inc. (NASDAQ:TSLA)’s deliveries have disappointed investors. Additionally, investors have also reacted to worries that its CEO’s involvement in the government could be creating negativity for the firm in international markets. Cramer’s remarks cite faith in Musk:

“[On a report about institutional investors worried about whether Musk’s role in government meant that he didn’t care about selling cars anymore] Oh then sell the. . .stock.”

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