Jim Cramer Calls Tesla a "Thorn in the Side of the President"

Tesla, Inc. (NASDAQ:TSLA) is one of the 17 stocks that Jim Cramer commented on. While discussing Tesla, Inc. (NASDAQ:TSLA), Cramer mentioned that the CEO’s recent spat with the President does not sound good, as he said:

“Tesla, okay, well that’s a thorn in the side of the President… I mean, I don’t know, it doesn’t really sound very good. This is more of a, it’s now back to being a car company because I don’t think it can do those other things right now.”

Tesla (NASDAQ:TSLA) develops and sells electric vehicles and renewable energy products, and provides services that include charging, insurance, energy storage, and solar solutions. The company offers direct sales, financing, and maintenance through different channels. It is worth noting that on June 5, Cramer showed pessimism toward the stock due to Musk and President Trump’s relationship.

“By the way, you can also learn a lot from the worst performers of the day. Today it was… Tesla. You know, I don’t even know what to say here. You get a stock down this much, not only do you have to have terrible numbers, which Tesla certainly does, you have to effectively go to war with the president of the United States. So many people own Tesla because Elon Musk was tight with Trump. Now that they’re on bad terms, not such a good reason.”

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Disclosure: None.