Jim Cramer 'Not Convinced' Tesla's Dojo Can Rival Nvidia As He Tears Into Morgan Stanley's Stock Upgrade
Portfolio Pulse from Shanthi Rexaline
Jim Cramer, host of CNBC's Mad Money, expressed skepticism about Morgan Stanley analyst Adam Jonas's upgrade of Tesla from Hold to Buy, citing the potential of Tesla's supercomputer Dojo. Cramer questioned whether Dojo could rival Nvidia and add $500 billion to Tesla's valuation. He also noted that Jonas missed Tesla's growth as a car company. Cramer has been bullish on Nvidia and lukewarm on Tesla, even recommending Ford over Tesla.
September 12, 2023 | 9:59 am
News sentiment analysis
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NEUTRAL IMPACT
Jim Cramer questioned the upgrade of Tesla's stock by Morgan Stanley, citing skepticism about the potential of Tesla's supercomputer Dojo to rival Nvidia.
Jim Cramer's skepticism about the potential of Tesla's Dojo to rival Nvidia and add $500 billion to Tesla's valuation could influence investor sentiment and impact Tesla's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer has expressed preference for Ford over Tesla, which could influence investor sentiment and impact Ford's stock price.
Jim Cramer's preference for Ford over Tesla could positively influence investor sentiment and impact Ford's stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Jim Cramer remains bullish on Nvidia despite speculation about Tesla's Dojo potentially rivaling Nvidia.
Jim Cramer's continued bullish stance on Nvidia, despite speculation about Tesla's Dojo, could positively influence investor sentiment and impact Nvidia's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80