Jim Cramer Discusses These 11 Stocks & Says There’ll Be A “Good Reason To Buy Stocks” Soon

Page 9 of 10

2. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders In Q4 2024: 126

EV giant Tesla, Inc. (NASDAQ:TSLA) has been one of the most troubled stocks in 2024. Its CEO’s proximity to the Trump administration has come at a time when it’s also re-tooling its factories for Model Y production. Consequently, the resulting delivery drop has left analysts perplexed as to whether the drop is influenced by the supply side, demand side, or both. Cramer has remained upbeat about the ‘Musk Premium’ to Tesla, Inc. (NASDAQ:TSLA)’s stock in his previous comments. Here are his recent remarks:

“The guy came to the Congress in a suit.”

“I mean what was amazing was that people seemed to just go, Republicans, go crazy for him. They love him.”

“[On Goldman looking at consumer perception, German EV market and intent to buy TSLA products] I know. Plus Germany’s going into this absolute whatever it takes scenario where they’re spewing money. They’re finally using the bazooka. And it’s not seemed to be headed in Tesla’s way.”

“Did you see that how many cars they sold in Germany last month? One thousand four hundred and twenty nine. And Lamborghini may have sold more. And those are handmade, leather stitched. By six ladies. In their sixties.”

Page 9 of 10