Jim Cramer Says AI Data Centers Have Potential & Discusses These 9 Stocks

7. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders In Q4 2024: 126

Tesla, Inc. (NASDAQ:TSLA) is Elon Musk’s car company which has been one of the most turbulent stocks in 2025. Its shares bottomed for the year in early April as they bled 41.5% due to falling deliveries and Musk’s politics. Since then, Tesla, Inc. (NASDAQ:TSLA)’s stock has gained 17% particularly after Musk shared during the latest earnings call that he will reduce his government activities. Here’s what Cramer said:

“It was a changeover quarter.”

“They’re talking about having a million robots. They’re talking about having much better than Waymo in Austin.”

“What I took away from this is that the reason why you had that really bad quarter if you wanna be simplistic about it, is he’s not been focused and they had this changeover and now he’s back. And the magic is back. So, you can have all these hedge fund managers, all the mutual fund managers who love him, they’ll just sit there and take the stock which is up 17 right now, they’ll take it up to 275 over the next couple of days. Because they love him so much. And he is, he’s not a pied piper, he’s a serious guy.”

“Yes he has. . .I think memories are short. I think they’ll have new models. I think he talked very positively about China. He does have a tariff problem.”

“[On rare earth metal constraints due to Chinese ban] They need a break there. They need some sort of deal. Maybe that’s something that would come up. David, I want to go back to this Waymo issue versus . . I mean he just says, look, Waymo is very expensive. It’s not really their own car. Uh, you’re going to see, in Austin, you’re going to see an explosion of Teslas. I think that’s the next big thing that gets to these managers all juiced and says I gotta buy this thing.”