Jim Cramer Says Ford Lightning EV Truck 'Better' Than Tesla's Cybertruck — Musk Responds
Portfolio Pulse from Anan Ashraf
Jim Cramer, a market commentator, has stated that Ford Motor Co's electric truck Lightning is superior to Tesla's upcoming Cybertruck. Cramer also mentioned that he sees 'real value' in Ford more than its current $14 share price, suggesting it could return to its high of $25 from January 2022. Ford CEO Jim Farley agreed with Cramer's view on the Cybertruck, dismissing it as a high-end product for Silicon Valley people, while Ford makes trucks for real people who do real work.
July 11, 2023 | 3:19 am
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POSITIVE IMPACT
Jim Cramer's positive comments about Ford's electric truck and its stock could potentially boost investor confidence in the company.
Jim Cramer's positive comments about Ford's electric truck and its stock could potentially boost investor confidence in the company. His influence as a market commentator could sway investor sentiment, leading to a potential increase in Ford's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer's negative comments about Tesla's Cybertruck could potentially impact investor sentiment towards the company.
Jim Cramer's negative comments about Tesla's Cybertruck could potentially impact investor sentiment towards the company. His influence as a market commentator could sway investor sentiment, leading to a potential decrease in Tesla's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80