Jim Cramer Talks About Tesla, Inc. (TSLA) & AI

We recently published 12 Hot, Cold & Stable Stocks Jim Cramer Recently Discussed. Tesla, Inc. (NASDAQ:TSLA) is one of the stocks Jim Cramer recently discussed.

Cramer discussed Tesla, Inc. (NASDAQ:TSLA) last week on Monday after Elon Musk bought a billion dollars of shares. The CNBC TV host concurred with the CEO’s opinion that his company is a technology firm instead of being a car manufacturer. Cramer’s remarks are important since Tesla, Inc. (NASDAQ:TSLA)’s shares fluctuate depending on its vehicle delivery performance. The firm also made the news earlier this month after announcing a new pay package for Musk, which might see him become a trillionaire. Cramer defended the package and advised those against it to sell the stock. Like Musk, Cramer also believes that Tesla, Inc. (NASDAQ:TSLA) can become an important player in autonomous driving and robots. This time, he discussed the firm in the context of AI:

“With Tesla today right now pivoting, David, it’s now the number one physical AI”

Cramer also recently discussed Tesla, Inc. (NASDAQ:TSLA)’s vehicle deliveries and Musk’s politics. Here is what he said:

“Also the European numbers are better, that could have leaked. I think you’re going to see better numbers now that he’s. . .I think a lot of liberals buy Teslas and they’re a little turned off. Look we live in a polarized. . .”

“[On Musk’s complaints about high rates] That could be too, you’ll see those rates come down. A lot of auto rates based on the short rates.”

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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