Jim Cramer Talks About Tesla, Inc. (TSLA) & AI

We recently published 12 Hot, Cold & Stable Stocks Jim Cramer Recently Discussed. Tesla, Inc. (NASDAQ:TSLA) is one of the stocks Jim Cramer recently discussed.

Cramer discussed Tesla, Inc. (NASDAQ:TSLA) last week on Monday after Elon Musk bought a billion dollars of shares. The CNBC TV host concurred with the CEO’s opinion that his company is a technology firm instead of being a car manufacturer. Cramer’s remarks are important since Tesla, Inc. (NASDAQ:TSLA)’s shares fluctuate depending on its vehicle delivery performance. The firm also made the news earlier this month after announcing a new pay package for Musk, which might see him become a trillionaire. Cramer defended the package and advised those against it to sell the stock. Like Musk, Cramer also believes that Tesla, Inc. (NASDAQ:TSLA) can become an important player in autonomous driving and robots. This time, he discussed the firm in the context of AI:

“With Tesla today right now pivoting, David, it’s now the number one physical AI”

Copyright: wolandmaster / 123RF Stock Photo

Cramer also recently discussed Tesla, Inc. (NASDAQ:TSLA)’s vehicle deliveries and Musk’s politics. Here is what he said:

“Also the European numbers are better, that could have leaked. I think you’re going to see better numbers now that he’s. . .I think a lot of liberals buy Teslas and they’re a little turned off. Look we live in a polarized. . .”

“[On Musk’s complaints about high rates] That could be too, you’ll see those rates come down. A lot of auto rates based on the short rates.”

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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