We recently published 9 Stocks on Jim Cramer’s Radar. Tesla, Inc. is one of the stocks Jim Cramer recently discussed.
Tesla, Inc. created quite a splash this week after CEO Elon Musk bought a billion-dollar worth of shares. While analysts are typically concerned about the firm’s vehicle deliveries, Cramer agrees with Tesla, Inc. CEO Elon Musk on the firm being a technology company instead. Musk has repeatedly asserted that his firm aims to transition into a robot manufacturer in the future through the Optimus lineup. Here is what Cramer said about Tesla, Inc. in this appearance:
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“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.
“David, there’s also, when I look at what’s going on, when you get something like Mexico, putting a tariff, China. . .but I think that we’re going to be in an era where Europe’s really going to curtail China.”
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This article is originally published at Insider Monkey.
