Jim Cramer Says AI Is Back & Discusses These 10 Stocks

7. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders In Q4 2024: 126

Tesla, Inc. (NASDAQ:TSLA) is one of the largest pure-play electric vehicle manufacturers in the world. 2025 has been a tumultuous year for the firm as the stock has struggled due to weakening sales and CEO Elon Musk’s role in the US government. However, Tesla, Inc. (NASDAQ:TSLA)’s shares have gained 26% since the firm’s earnings solely on the fact that Musk indicated that he would cut down his government role. Cramer commented on a media report that the firm’s board had purportedly searched for Musk’s replacement:

“Well I mean look I think that there was a campaign that said I wanna be paid here. . .There’s a lot of what I regard as a false narrative here. David, the fact is, when you go and you look at the FT piece, alright ‘Tesla Board Denies Launching Search For Musk. . ” I love the FT, I say that, okay that’s what I called definitive.”

“But don’t you think at the board meeting, I think that we’re dealing with formalities. I think that obviously launching a search is different from, I turn to David and I say, hey David, man I don’t know, shouldn’t we be thinking about how much time he’s spending there? Is that considered to be a search?”

“I think that they, no a formal search no, like they didn’t call Spencer Stuart. They didn’t pick up, hey Jim Citron, I need someone right here.  . .right, and I just feel like that what happened is just that, it’s not bad to have that story if you’re board. Because, I think that someone could sue him for not even thinking about it. This board likes to be sued.”