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Jim Cramer says Tesla is driven by Elon Musk’s self-driving and robotics vision
Jim Cramer has argued that Tesla is no longer trading like a traditional carmaker
In a new development, Jim Cramer has argued that Tesla is no longer trading like a traditional carmaker but as a high-stakes technology bet built on Elon Musk’s ambitions.
The comments come as fresh concerns emerge over Tesla’s performance in China, where rising competition has sparked fears of the company being priced out of the EV market.
According to Cramer, those challenges matter far less to investors than Musk’s broader narrative.
He noted that Tesla continues climbing because the market increasingly views it as a leader in autonomous driving and humanoid robotics, two areas Musk claims will redefine the company’s future revenue.
Cramer even described the stock’s resilience as “incredible,” highlighting its sharp rebound from recent lows.
When asked by a business school student, Cramer reiterated that Tesla trades almost entirely on expectations surrounding Musk’s self-driving and robot technologies.
He added that if Musk secures continued shareholder backing, investor confidence could push Tesla even higher.
In the end, Cramer’s assessment reinforces one theme: Tesla’s fate depends on Musk.