Jim Cramer on Tesla (TSLA): " I Like That We Got the Old Elon Musk Back"

We recently published a list of Jim Cramer Discussed These 9 Stocks Recently. In this article, we are going to take a look at where Tesla (NASDAQ:TSLA) stands against other stocks that Jim Cramer discussed recently.

Cramer was full of praise for Tesla, Inc.’s (NASDAQ:TSLA) CEO and differentiated between his efforts as a CEO and a political figure.

“I found myself marveling at Elon Musk…. For a moment, I recalled the Musk whom I adored. The guy who fought bigger than anyone and wasn’t afraid to tell you that. This was Musk in businessman mode. Very different from Musk in political operative mode… The one that got me most was this unabashed belief that we’re all going to be riding around in cars with no drivers…

I sensed that perhaps because of his time with the President, there may be something bigger in the works. I would not be surprised if the president pushes hard to allow the interstates, which I’m sure he will say he controls, to allow driverless cars, and he’ll order it as soon as Elon’s ready. Why not? We know that these self-driving Teslas are safer than cars driven by humans. The technology’s about as good as it gets. Musk has convinced me of that… After listening to Musk and prudently adding three years to everything he predicts, I can see this happening by 2028. More importantly, I like that we got the old Elon Musk back…

I guess I can say happily that I like the Musk who sends up rockets and tries to cure impossible-to-treat illnesses, sets up giant data centers, has systems that give you clear signals, streaming programs for a fraction of the price of cable providers. I like the Musk who just knows how to accomplish what he sets out to do… The original Musk, the modern day Da Vinci, the man with an ego the size of Jupiter, the one who just talked with David Faber, that guy, I kinda like him.”

Tesla (NASDAQ:TSLA) designs, builds, and sells electric cars and energy products. The company provides vehicle sales, financing plans, energy storage systems, solar power solutions, and other related services to a wide range of customers.

Overall, TSLA ranks 1st on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of TSLA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about this cheapest AI stock.

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