Jim Cramer Discusses These 10 Stocks & Says Trump Should Carry A Howitzer And Be Soft

2. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders In Q4 2024: 126

Tesla, Inc. (NASDAQ:TSLA) is the world’s largest pure play electric vehicle manufacturer. Its value is also tied to the firm’s CEO Elon Musk and the stock often rises and falls in tune with Musk’s pursuits. Tesla, Inc. (NASDAQ:TSLA)’s shares peaked by posting 90% in gains after the November election. Since then, the shares are down by 48% as investors grow wary about lower demand of its EVs. The shares are still in the red since the election. Here is what Cramer said about Tesla, Inc. (NASDAQ:TSLA):

“And then, Tesla. It’s not even a tie! Tesla’s number ten!”

“Buying a Tesla at what, what time in the morning did the President say he was going to buy a Tesla? Well there we go, 12:14 a.m., he said he was going to buy a Tesla. What is this Cinderella? I mean give me a break.”

“Tesla, we had Ron Barron booing it incredibly and then we had Adam Jonas saying listen it’s time to buy. That will matter. People listen to Jonas.”

“[On Adam Jonas’ recent note] Tesla’s down enough I mean let’s say next week Jensen talks at the GTC conference, talks about the humanoids. Those are, that is Tesla and the self driving we’ve forgotten about that, that is Tesla.”

“And don’t forget. The President needs to buy another 500,000 Teslas to get that where we need. 500,000. . . eh, why not? He’s rich.”