Jim Cramer Calls Elon Musk 'Bankable' And Visionary As Tesla Shares Fall Over 12%: Why The Stock Picker Recommends To 'Buy This Weakness'

Quick Summary:

Musk – Bankable CEO: While Tesla missed the earnings estimates, Musk told a great story of self-driving technology, energy production and humanoid robots, Cramer said.

CNCB host Jim Cramer, who on Wednesday slammed those selling shares of Tesla, Inc.(NASDAQ:TSLA), defended the electric-vehicle maker and its CEO Eon Musk further in the most recent episode of CNBC Mad Money show.

Tesla is for the long term, the stock picker said, adding that its “bankable” CEO is himself a reason to believe.“No matter how hard I worked, no matter how hard I studied, I could never be as smart as this guy,” Cramer said.

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Author / Journalist: Shanthi Rexaline

Category: Technology

Markets: United States

Topics: TSLA Tech General Markets US88160R1014 Stories That Matter EVs Expert Ideas Equities Elon Musk Analyst Ratings Electric vehicles Benzinga Mobility Analyst Color

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 09:08:02 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 637 words

Reading Time: 4 minutes read

Sentences: 23 lines

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