Elon Musk took a playful swipe at CNBC host Jim Cramer, referencing the “Inverse Cramer” meme.
On Monday, Musk reacted with a laughing emoji on X to a 16-year-old video of Cramer, who had written off Tesla Inc.(NASDAQ:TSLA) as a sound investment. Musk’s response brought attention to the “Inverse Cramer” meme, which posits that contradicting Cramer’s advice often results in significant profits.
In another post, Musk took a dig at Cramer’s prediction of no de-escalation in the U.S.-Iran conflict, in response to a post on the same. This insinuation further supports the “Inverse Cramer” meme, implying that the opposite of Cramer’s forecasts frequently transpires.
“Phew, now I can rest easy…Inverse Cramer is incredible,” wrote Musk.
Musk’s comments come as crude oil prices soared above the $100 amid the escalating U.S-Iran war. Cramer, late Sunday, warned, “A sudden oil shock is always bad for stocks,” adding, “I don’t see a path to de-escalation.” The CNBC host expressed skepticism of a repeat of 2022 or “worse.”
As for Tesla, since Cramer’s doubtful remarks in 2010, the EV maker’s market cap has soared from under $2 billion to more than $1 trillion by 2026.
"Inverse Cramer" Meme
The “Inverse Cramer” meme has gained traction among traders, as it suggests that going against Cramer’s advice can lead to substantial returns.
Earlier this year, Rep. Nancy Pelosi‘s (D-Calif.) stock picks tracker stated, “The Queen has been dethroned. Inverse Cramer officially beats out Pelosi for the top portfolio on Autopilot.” In 2025, Pelosi's husband Paul Pelosi's stock trades, usually strong market performers, were outpaced by the "Inverse Jim Cramer" strategy—investing opposite to the TV personality's picks.
Similarly, in late November, despite Cramer warning that the recent crypto bounce "makes no sense" and highlighting risks in leveraged positions, Bitcoin (CRYPTO: BTC) surged nearly 6.8% over five days, rising from ~$85,973 on Nov. 21 to ~$90,473 until November 26.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor.
Join thousands of traders who make more informed decisions with our premium features.
Real-time quotes, advanced visualizations, backtesting, and much more.
