Tesla, Inc. (TSLA): "This Thing Is A Juggernaut When It Comes To Humanoid," Says Jim Cramer

We recently published 11 Stocks Jim Cramer Just Discussed As He Shared Why Stocks Are Rising. Tesla, Inc. (NASDAQ:TSLA) is one of the stocks Jim Cramer recently discussed.

Tesla, Inc. (NASDAQ:TSLA) is another frequent feature of Cramer’s morning show. Throughout this year, Cramer has discussed the firm in the context of CEO Elon Musk’s tussles with President Trump, Musk’s initial cost-cutting efforts in the US government, weak deliveries, and the potential to benefit from the humanoid robot wave. Despite the fact that Tesla, Inc. (NASDAQ:TSLA)’s shares have dipped by 21% year-to-date, Cramer has continued to remain optimistic about the firm as he believes that it can enjoy significant tailwinds from robots and self-driving. Here are his recent thoughts about Tesla, Inc. (NASDAQ:TSLA):

“[OnWilliam Blair downgrade citing EV and regulatory credit loss as driving a downgrade] I read and plus the story about China and how they’re lagging. And I come back and say okay, when you make those two points, tomorrow there’ll be someone who says, look it’s not a caa company. It’s humanoid and it’s self driving. And that ability to be able to select why you like the stock of Tesla is something that is beginning to annoy me. I happen to like Tesla but I’m just saying I like it for humanoid,  I like it for self driving. Forget about the car because those are better markets. But these guys are like, the deliveries are bad, I’m gonna downgrade. You know come on, just be consistent. Be consistent. This thing is a juggernaut when it comes to humanoid and when it comes to self driving and that’s what I care about.”

Earlier, Cramer discussed Tesla, Inc. (NASDAQ:TSLA) in the context of frictions between Trump and Musk:

“. . .this is the first time that I’ve seen this stock get crushed because the President did say that the subsidies, he’s [Musk] the most subsidized person in America, alluded to maybe a trip to South Africa. . .

“Well, he [Trump] liked his Tesla. . .

“They don’t go up in value, remember when Hertz. . .

“Well a lot of people did feel that this. . .friendship could mean that the interstate highway system would allow self driving vehicles, including Musk. And it was about self driving and it was about what a leg up he had because of his relationship with President Trump. And now you don’t see that.

“Well look there’s a definitive group of people who are almost gleeful that the car sales are so bad which allows them to talk about robots, allows them to talk about self driving. It’s almost like look, we don’t have to do with that narrative anymore, everyone knows the car sales are bad. But we know that there is a subsidy that’s going away. That’s different from bad car sales.”

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Disclosure: None. This article is originally published at Insider Monkey.