Tesla, Inc. (NASDAQ:TSLA) was among the stocks Jim Cramer discussed on Mad Money, highlighting several companies with market caps over a trillion dollars. Cramer highlighted what people’s predictions of the company CEO’s future plans are, as he commented:
Seven is Tesla. When we think of Tesla, we think of cars, but we really should be thinking about self-driving vehicles and robots, which will be the big growth engines. Lots of people think that Elon Musk will merge this company with the soon-to-be-public SpaceX, where he has a dual-class structure that would allow him to break away from the noisome, unhappy Tesla shareholder base. I don’t blame him if he does it.
Photo by Tesla Fans Schweiz on Unsplash
Tesla, Inc. (NASDAQ:TSLA) designs and sells electric vehicles and also develops and installs solar energy and storage systems for residential, commercial, and industrial customers. In addition, the company is working on autonomous vehicles and robots. Cramer mentioned the company in the April 23 episode and said:
Look, Tesla reported, alright? I liked everything they said. And I’m not, you know, it’s not like I hang out with Elon Musk, but I will tell you that what he’s going to do with robots is revolutionary. You want to sell that stock? You’re selling robots. You’re selling full self-driving cars. You’re selling the future. But go ahead, sell the future. I’m not a seller of the future. I’m a buyer of the future.
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