As a constant viewer of CNBC, I often saw Jim Cramer against Tesla. However, recently, Jim Cramer has gone bullish on Tesla: something he's never done. In this video, I show you guys the evolution of Jim Cramer's viewpoints, which is similar to what happened to many previously Tesla short-sellers.
By Stock Chat
where the coffee is hot and so is the chat
Cramer is a fraud. You can't be a showman and credible. Investmangement adviser. He is a turd.
Hype… So he can sell… Then said sell so he can buy…. This guy is unreal. Ford is going bankrupt unless they get bailed out again.
This guy is always full of shit and always trying to be smart after the fact that everyone knows about it.
That’s y they r tv doctor-land tv investor. All garbage
He changed his mind when the stock was still below $300 for what that is worth.
I just watch this guy to get a good laugh. He's like the network-finance-adviser-clown of CNBC.
This Guy is foolish and doesn't know what h'es talking about ans i find it difficult understanding him
This doesn't really expose Cramer that much, what he said at the time was very much what a decent analyst would say given the data and the growing pains that Tesla had during the early days. Watching this entire compilation makes Cramer look like a prudent investor who just wanted to see "actual" results before changing his mind on the company. Seriously him not being married to the bitter end to his original thesis makes him infinitely better than those shorts like Chanos & Einhorn who continue to hold firm when the data is all against them. Having hindsight is 20-20, just ask yourself this, would you at that time and moment in the early years of Tesla when it was mere weeks away from bankruptcy invest all your hard earned money in the company? If not for the positive launch of the 4th rocket, funding from NASA and the investors willing to put more money into Tesla on Christmas day, this whole story would have had a tragic end. What he said about it being a cult stock, it feels very true, but it doesn't mean that all the pure data and facts about the company doesn't make it a worthy buy. The cult feeling comes with the territory when you've got a visionary leader steering the company ( like Steve Jobs did with Apple ).
[ full disclosure : I only recently began to invest in TSLA after all the early issues were resolved and I could see that the company was going in the right direction – 50 shares cost basis of $420.42. I know that I could have had double or even triple the number of shares if I'd have invested during the early days when the stock was trading in the 180-340 range for years but I wouldn't have felt comfortable at all with it. But now I'm more than comfortable with the position I have and would most likely think about adding more if the shares were to dip down to near $700 range. My worst case scenario will have the stock just return to the recent highs of 944 reached in February, and even if that is the case in the next 5 years that would mean an annual return of 25% which I would be happy with. ]
Business is business, nothing is personal. He changed his mind, hes literally agreeing with you so idk what yall want from him
This guy fooled me. Unreliable bastard. Won't be relying to mainstream media anymore.
Hilarious when not shaking your head…
He is a huckster with a F 😏
I think Jim is a dumb bunny actually!
I like Jim since he likes Tesla
the guy messed up sure but at least he had the balls to admited it , not like chanos or einhorned
If you see this guy punch him.
Hated jim since 2013 but then he's just an entertainer.
Cramer shifted when the stock gained momentum.
He says nothing about the true bullish points of the stock, only that:
– it has a "fart button"
-his family likes the car
– They can raise money easily
There are several good reasons to be bullish on TSLA, Cramer has yet to mention any of them.
he seems to be good at this tho. he said he became a bull, and the price went up from 500 to 1000. Sure, he missed between 200<–>500, but you dont need to be perfect at timing things in the stock market. you just need to be right most of the time. Early tesla, investing in the stock has a certain probability of losing your investment as we dont know if tesla will survive or not. However, since tesla shown positive cash flows, and good earnings power, he correctly gauged that the stock could spike much higher than 500.
Why can people bet on failure and promote it on tv seems like a conspiracy. Very very bad.
No one know if stock go down or up tom, do alot of work before u buy please, I want to save ppls money before u hand it to these so call advisor
My dad always said the most intelgient person in the room have very little to say, but when they said, It makes u realize a lot shit
oh god please dont take stock advise from cramer, I did that way in begining and now, I learn so much and do my own homework before I buy any stock. Are americans so dumb they gonna just choose whatever stock some guys on you tube said?
Jim lost all his credibility in auto industry when he said the BMW 750 is a keeper.
Changing opinions isn’t illegal xD