Tesla, Inc. (TSLA) "Is A Terrific Buy Here," Says Jim Cramer

We recently published Jim Cramer Said AI Is A “Souped-Up Google” As He Discussed These 11 Stocks. Tesla, Inc. (NASDAQ:TSLA) is one of the stocks Jim Cramer recently discussed.

Tesla, Inc. (NASDAQ:TSLA)’s shares have lost 9.4% year-to-date as the firm has struggled to shake off the effect of a global delivery slowdown. Despite CEO Elon Musk’s repeated assertions that his firm is more of a robotics company instead of a car company, investors continue to judge Tesla, Inc. (NASDAQ:TSLA)’s shares through the firm’s ability to sell cars. For his part, Cramer agrees with Musk’s assertion that the firm is a tech company. The CNBC TV host has previously recommended the stock due to Tesla, Inc. (NASDAQ:TSLA) being a tech company, and he did so again this time as well:

“[On reports saying the stock building a nice base] “I think it’s a terrific buy here.

“Well you know I just think it’s a technology company and it’s the world’s best and I think you buy it right here. You buy it for that.”

Here are Cramer’s previous thoughts about Tesla, Inc. (NASDAQ:TSLA):

“Oh, hey, look, you’re fine in Tesla. Tesla’s morphing right now. It’s in transition from being a car company to being a technology company, and you want to be in there because the tech is worth a lot more than what it’s selling for right now. Don’t worry, I don’t care where you bought it. I care where it’s going to.”

While we acknowledge the potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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