Cramer Says He's Betting on TSLA When It Comes to Robotaxis

Speaking on CNBC today, Jim Cramer said that he's "putting his chips on (Elon) Musk" winning the robotaxi competition. According to Cramer, Alphabet's (GOOG) Waymo will have trouble building up its business.

Additionally, Tesla's (TSLA) self-driving technology will prove to be superior to that of Waymo, Cramer suggested.

Two CNBC anchors---Carl Quintanilla and David Faber -- attempted to push back on Cramer's assertions.

Cramer Versus Quintanilla and Faber

"I don't think that Waymo will scale the way people think," Cramer said.

Waymo's trips are up 5x...on real streets," Quintanilla responded.

Waymo is now providing "250,000 trips per week," Faber added.

In response, Cramer said, "Go and read about what Musk said he's going to do everywhere."

The stock picker added that "Musk says Waymo's technology is too expensive, and I never go against him on technology."

On a recent video clip introduced by Faber, GOOG CEO Sundar Pichai said that Waymo is adding many partners, including automakers and fleet-maintenance firms, while it plans to allow individuals to own Waymo's vehicles,

The Recent Price Action of TSLA Stock

In the last month, the shares are up 10%, while they are down 28% in the last three months.

While we acknowledge the potential of TSLA, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than TSLA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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