Jim Cramer's Evaluated Stocks and Tesla

Tesla, Inc. (NASDAQ:TSLA): Not Just a Car Company

Jim Cramer continues to emphasize in his assessments of Tesla, Inc. (NASDAQ:TSLA) that this company is not just an automobile manufacturer. Like CEO Elon Musk, Cramer believes that the firm’s business model is now more related to autonomous driving and robot technologies. Following this month’s earnings report, Cramer complained that many people did not listen to the earnings conference call. He shared Musk's statement about 20 million robots during this meeting; according to Cramer, this situation surpasses weak sales figures in countries like Germany.

Cramer also referenced the recent note from Adam Jonas at Morgan Stanley. "It's no longer just a car company; there are many components. According to what Adam Jonas presented today, they’re producing content at a pace like Stephen King. However, you should stop thinking of them as just a car company. That’s impossible. Fully autonomous driving, robotaxis, and robots. Moreover, mentioning the robot in Times Square didn’t make things easier," he commented.

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