Jim Cramer JUST did this to Tesla.
FULL TRANSCRIPT
oh they're talking teslas listen right
you don't know don't do it there's an
under performance of facebook note that
came out today not screw with fang you
did it i created fang and i'm staying
with father stick with it staying with
facts you had tesla in there i'm staying
with you does this mean you're positive
on tesla
yeah i've been positive in tesla since
200. you have yeah ever since i drove
one ever since i drove it stopped i sat
on the whoopee cushion too which i
thought was really funny all right
that is a heck of a chart wow all right
by the way the opening belt just a few
minutes away and remember
okay
i don't know about that one mr uh mr jim
jim cramer the paper-handed weenie baby
tesla
okay wait a second wait a second hold on
i don't remember this video i i honestly
don't remember so let's just do a quick
little click through because
giggles
and he made you know used to clear more
on the toyota without even realizing it
and the call date so this is april 30th
we spent a lot of time talking about you
know
panels whatever and your point is once
you take in account the ev rebates the
bitcoin gain
you don't really like the way the ebit
looks no
no i don't
you see but that's involved that's doing
homework
so what what so when tesla's down he
doesn't like tesla
because the chart's red and he says see
that's what's involved when you do your
homework now the chart's green and oh
i've liked it since 200 ever since i
drove the car
i regret that i did the homework because
i could have come out here and said it's
great
and then in the years before the tesla
rally look at this easter egg sell sell
sell this deal is a great way to make a
quick [ __ ] too which is why i advocate
trying to get in it
but long term tesla is cell block
material you're going to hear some
thursday coming up that's what
back when it's ipoint
tesla is a cult stock cold stock there's
nothing to look at the people who love
tesla cars buy the stock there's nothing
to do it dude we literally just heard
him say oh yeah i've been bullish on it
since i drove the car
it means a battleground stock that i
cannot have an edge on it's the only one
by the way i mean i'll tell you to buy
amazon
i have no problem telling it's a cold
stock but it's also got a web service
business that is worth maybe a huge part
of the market cap but i tesla is just a
battleground and i you know it's great
to watch it's terrible to be involved in
[Laughter]
almost as much as general motors and
ford combined that's right
tesla has an 84.5 billion dollar market
cap gm's at 50 billion 4 to 37 billion
we hear this griping every time tesla
takes out every time tesla takes out an
important level i remember the
concentration when it grew bigger than
four then bigger than gm now it's almost
the size of the two of them put together
i got to tell you i'm dumbfounded too
dump out of the tesla stock hasn't gone
even higher
muskie turns out is a great ceo
it's all freaking over the place it just
depends what the chart is
when the chart look at this when tesla's
rallying jim cramer is going i'm
surprised it's not higher today
he's like oh yeah i've been a bull on
the stock ever since it was 200 when i
got in the car the first time but i just
showed you like four clips of him saying
it's a sell after ipo it's a cold stock
you shouldn't buy it it's overvalued
it's a sell come on man
it's like the only thing that matters is
what what the chart is doing if the
chart is up jim cramer loves tesla and
he told you to buy it if the chart is
down jim cramer told you to sell it
[Music]
you
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