Jim Cramer Sees Potential Price Break in Tesla Stock
Insider Monkey – Free Hedge Fund and Insider Trading Data (Syeda Seirut Javed)Tesla, Inc. (NASDAQ:TSLA) is one of the 13 stocks recently discussed by Jim Cramer. The company was mentioned during the episode, and here is what Mad Money’s host had to say:
“When the only stock that’s down enough to create a real price break is Tesla, largely because Elon Musk’s trying to get back into politics instead of humanoids, it’s tough to pull the trigger.”
Tesla (NASDAQ:TSLA) designs, manufactures, leases, and sells electric vehicles, energy storage systems, and solar energy products. The company provides services that include vehicle maintenance, insurance, charging infrastructure, and various financing options for both automotive and energy customers. Macquarie Asset Management stated the following regarding Tesla, Inc. (NASDAQ:TSLA) in its Q1 2025 investor letter:
“At the individual stock level, the greatest contribution was attributable to not owning Tesla, Inc. (NASDAQ:TSLA), and our positions in Intercontinental Exchange Inc. (ICE) and Visa Inc. Tesla faced well-publicized headwinds last quarter that may bleed into future periods. This has remained a constant stock of debate among the investment community and is volatile as a result. The business has never met our quality standards and we are happy to sit on the sidelines of this battleground stock.”
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Disclosure: None. This article is originally published at Insider Monkey.
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