Jim Cramer Calls Elon Musk 'Bankable' And Visionary As Tesla Shares Fall Over 12%: Why The Stock Picker Recommends To 'Buy This Weakness'
Portfolio Pulse from Shanthi Rexaline
Jim Cramer defends Tesla and its CEO Elon Musk despite a 12% drop in Tesla's stock price following an earnings miss and disappointing volume guidance for 2024. Cramer highlights Musk's vision for self-driving technology, energy production, and humanoid robots as reasons to buy the stock during this weakness.

July 25, 2024 | 9:08 am
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Tesla's stock dropped over 12% after missing earnings estimates and issuing disappointing volume guidance for 2024. Jim Cramer recommends buying the stock during this weakness, citing Elon Musk's vision for self-driving technology, energy production, and humanoid robots.
Despite the recent drop in Tesla's stock price due to an earnings miss and weak guidance, Jim Cramer believes in the long-term potential of the company. He highlights Elon Musk's vision for self-driving technology, energy production, and humanoid robots as key reasons to buy the stock during this period of weakness.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100