Jim Cramer Discusses These 13 Stocks & Criticizes Billionaires

8. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders In Q4 2024: 126

While most of Cramer’s attention during his morning show is focused on Elon Musk, more recently, he has also started sharing his thoughts about Musk’s car company Tesla, Inc. (NASDAQ:TSLA). The firm has bled nearly all of its gains since President Trump’s November election win as investors become increasingly worried about a global EV sales slowdown due to Musk’s political activities and statements. The CNBC TV show host commented in great detail about the current narrative for Tesla, Inc. (NASDAQ:TSLA):

“[On Wells Fargo calling mega cap stock reversal the ‘mocapocalypse’]”I think that’s a great call actually. There’s a terrific piece out, about Tesla. Today, and about, and again, this is about the idea that it’s all peaked. Tesla related, point blank, to, Bitcoin. Was that terrific? And it talks about the OG and stonk.”

“The piece was so brilliant, because it has to do with the zeitgeist. Ever since the election . . .that everything’s down since the election other than the Dow. But there is a, there was a trade that went on. I had Vlad Tenev from Robinhood, and they were all together. And that is reversing. I think it’s, well the stock coming down, but today is a rear guard day. They’re gonna make a comeback today, uh, and a large part of that is because we had some good earnings for some things. But I just think it’s amazing to be stuck here thinking you mean to tell me that the algo’s told you that if, if Tesla went down and Bitcoin went down you should sell Applovin? And you should sell, uh, I don’t know, we can say any of the ones that you want to talk about. But Palantir’s front and center. I just didn’t want you to make fun of me.”

“Well, but I think, underneath there is a belief that, I wish they had been more stated about it, liberals aren’t buying their cars. Liberals are not buying it David.”

“Yeah, they have to switch the narrative very quickly you know. To humanoids, right. They, meaning us. The street. You have to just say it’s a tech company, forget about all . . .”