Jim Cramer Put These 16 Stocks Under a Microscope

5. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 126

Noting the rise in Tesla, Inc. (NASDAQ:TSLA) stock on Wednesday, Cramer stated:

“Now here’s the real kicker and the difference between Yellowstone and Wall Street. The ranger can’t really make the grizzly get on its hind legs and dance. But the president, he got the bear doing a kickline…. Tesla, here’s a company that reported one of the worst quarters in years. I mean, it’s really terrible, it’s just dismal, but the stock’s soared more than 5%. Why? Because CEO Elon Musk is getting outta DOGE. He’s spending more time with Tesla. That’s enough. Now, if this were one of those days where President Trump pokes fun at major world leaders and doubles the tariffs on the spot, Tesla stock would’ve taken it on the chin, but when the president backs away from his high-risk demands, the market’s suddenly very forgiving.”

Tesla (NASDAQ:TSLA) develops and sells electric vehicles and energy products. The company offers services like vehicle financing, energy storage systems, solar technology, and other related solutions to various customers.