Tesla, Inc. (TSLA): Jim Cramer Shares Key Catalyst That Could Make Stock Skyrocket

We recently published a list of Jim Cramer Says Trump’s One Big, Beautiful Bill Is Pro Growth & Discusses These 12 Stocks. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other stocks that Jim Cramer discusses.

Tesla, Inc. (NASDAQ:TSLA) is the world’s largest electric vehicle company and another regular feature of Cramer’s morning show. Most of Cramer’s attention focuses on the firm’s CEO Elon Musk. He often discusses Musk’s AI company xAI and its Grok AI model. The CNBC TV host believes Grok is one of the top AI models in the industry, especially since it’s up-to-date with earnings calls and news. As for Tesla, Inc. (NASDAQ:TSLA), he believes that the firm is a technology company instead of a pure-play EV maker. His latest comments about Musk saw Cramer reiterate that the interstate highway system is key to the firm’s success:

“David I felt that his longer, larger without saying it concept was that the interstate’s going to be open. The President’s gonna grant the interstate. And so we’re gonna go from New York to Boston on the interstate. That’s what he was saying. . .it’s I-95.”

In a recent appearance on Mad Money, Cramer mentioned the impact of Musk’s role on the firm’s stock price:

“Or take the stock of Tesla, which you know I like here. Today, my colleague David Faber interviewed Elon Musk…. Musk reminded us that his machines will soon be on the road driving autonomously, 1 million of them, and the numbers have gotten better for the traditional business. Now, the latter, it can be verified. The former sounds a little bit like the hubris talking. Still, that kind of thing can allow Tesla to buck the bond market.

Now, unfortunately, at the very moment, the bonds are so in charge that Tesla stock could only go up while David was asking Musk positive questions about the business. The stock would go down when David talked about Musk’s government work and the impact it might have on car sales. Still, it managed to finish the session up a buck and change. I guess that’s a victory. But yeah, I think it would’ve been up quite a bit if we had a more benign backdrop of bonds.”

Overall, TSLA ranks 5th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of TSLA, 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 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.