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Believe In Elon Musk, Says Jim Cramer About Tesla, Inc. (NASDAQ:TSLA)
['Ramish Cheema', 'August', 'Min Read']
Yahoo Finance
As is the case with NVIDIA, Jim Cramer continues to believe in Tesla, Inc. (NASDAQ:TSLA) even though the shares have been weak.
While Tesla Inc. (NASDAQ:TSLA)'s revenue beat analyst estimates, its earnings missed estimates of $0.51.
Because the man who runs it is a guy named Elon Musk.
And David, when you're up against Elon Musk and you, he's a fearsome competitor.
Additionally, the bears also believe that Tesla Inc. (NASDAQ:TSLA)'s forward price-to-earnings multiple of 158x is unsupported by the firm's margins.