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Tesla critic Jim Cramer turns into full-on bull: ‘TSLA has all the ingredients of a winner’
Tesla has a new convert as tough critic Jim Cramer of CNBC’s Mad Money turns from an agnostic skeptic to an outright bull on the electric carmaker’s stock (NASDAQ:TSLA). The Mad Money host declared that he is now a true believer in Tesla, which he classifies as a battleground stock.
“All my career I have been fascinated by companies with vociferous bulls and ferocious bears, if only because they can be so entertaining,” Cramer said.
For the uninitiated, battleground stocks are those that attract strong, polarizing opinions from different sides. “First, they are cultish, meaning that there are people who love the product, not the earnings and the product transcends simple analysis. You can’t put a price to earnings ratio on cool, on but you might buy cool and therefore want to buy the stock. That had been my stance for years on Tesla,” said Cramer.
Cramer shared a story of how his wife and daughter helped convinced him to believe in Tesla. About three months ago, his daughter drove a Model 3 from Oregon to San Francisco. Within 100 miles of the 600-mile trip, he was surprised to get a call from his daughter, who was raving about how it was nice being behind the wheel of the electric vehicle. His daughter told him to “buy one.”
On another occasion, Cramer was with his wife and they tried a Model X following an endorsement from another couple. He confessed that he adored the Falcon Wing doors and the quality of the drive. Cramer’s wife also convinced him to buy Tesla’s Solar Roof. The unveiling of the Tesla Cybertruck also caught the attention of Cramer. While he labeled the press conference as close to a disaster following the vehicle’s failed “Armor Glass” demo, the demand following the unveiling of the all-electric pickup truck stunned the TV personality.
The second issue, according to Cramer, about battleground stocks is their financials. “The really Verdun-like slugfests tend to have terrible balance sheets, ones that can’t be fixed by simple operating earnings and instead need genuine manna from heaven to cure themselves of the concerns,” Cramer said.
However, he consulted one of the most skeptical CFOs in the world, who said this about Tesla. “The company could raise two billion dollars in a heartbeat,” he said. Cramer took note of how even TSLA bears recognize that Tesla may have a breakout as soon as next year.
Lastly, the former hedge fund manager considered how battleground stocks tend to have charismatic leaders.
The Mad Money host weighed in how Tesla CEO Elon Musk fascinates him. “He’s a walking charisma machine, alternately entertaining and fun-loving and critical to the point of scathing, like someone else I know, yours truly. Sometimes I think he gives me a run for my money as the most sincerely insincere man in North America, other times he’s just a worldwide true believer,” he said.
Cramer dislikes Musk for tweeting like crazy and how the Tesla CEO taunted analysts, though he stated that he has since tempered down his stance. “All of that ended though when he agreed as part of some weirdo SEC ruling to stop the incendiary tweeting and, on the last conference call he revealed his true rigor without the sardonic quips. That made me realize that he will have no problem negotiating with either the Chinese government for his Gigafactory built in record time or the coming gargantuan German factory for that matter,” Cramer noted.
To end, the Mad Money host summarized his points, “So, cult product? Check. Balance sheet? Check. Leader? Check. If you’re going to invest in a battleground stock, TSLA has all the ingredients of a winner.”
As Cramer announced his conversion to a TSLA believer, others have corroborated his analysis. ARK Invest founder and CEO Catherine Wood foresees Tesla stock to at least double by 2024. “We have our ‘bear price,’ five-year target as $700. That would be if they lost two-thirds of market shares and had no autonomous vehicles,” she said in an interview.
Last month, Canadian businessman and Shark Tank judge Kevin O’Leary, who has also been critical of Tesla stock, also changed his stance and invested in the electric car maker after seeing a potential path to profitability.
TSLA stock has also been showing some strength following the positive reports from China hinting that the deliveries of Made-in-China Model 3 units are imminent. Interest in the Tesla Cybertruck has also remained strong weeks after its unveiling.
On Wednesday, Tesla shares closed at $352.70, gaining 1.11%.
Here’s the full video of the Mad Money segment where host Jim Cramer explained how he became a true believer in Tesla:
Disclosure: I have no ownership in shares of TSLA and have no plans to initiate any positions within 72 hours.
Elon Musk
Elon Musk hints Tesla investors will be rewarded heavily
“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet,” Musk said.
Elon Musk recently hinted that he believes Tesla investors will be rewarded heavily if they continue to hold onto their shares, and he reiterated that in a new interview that the company released on its social accounts this week.
Musk is one of the most successful CEOs in the modern era and has mammothed competitors on the Forbes Net Worth List over the past year as his holdings in his various companies have continued to swell.
Tesla investors, especially those who have been holding shares for several years, have also felt substantial gains in their portfolios. Over the past five years, the stock is up over 78 percent. Since February 2019, nearly seven years ago to the day, the stock is up over 1,800 percent.
Musk said in the interview:
“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet.”
Elon Musk in new interview: “Hold on to your $TSLA stock. It’s going to be worth a lot, I think. That’s my bet.” pic.twitter.com/cucirBuhq0
— Sawyer Merritt (@SawyerMerritt) February 26, 2026
It’s no secret Musk has been extremely bullish on his own companies, but Tesla in particular, because it is publicly traded.
However, the company has so many amazing projects that have an opportunity to revolutionize their respective industries. There is certainly a path to major growth on Wall Street for Tesla through its various future projects, including Optimus, Cybercab, Semi, and Unsupervised FSD.
- Optimus (Tesla’s humanoid robot): Musk has discussed its potential for tasks like childcare, walking dogs, or assisting elderly parents, positioning it as a massive long-term driver of company value.
- Cybercab (Tesla’s robotaxi/autonomous ride-hailing vehicle): a fully autonomous vehicle geared specifically for Tesla’s ride-sharing ambitions.
- Semi (Tesla’s electric truck, with mentions of expansion, like in Europe): brings Tesla into the commercial logistics sector.
- Unsupervised FSD (Full Self-Driving software achieving full autonomy without human supervision): turns every Tesla owner’s vehicle into a fully-autonomous vehicle upon release
These projects specifically are some of the highest-growth pillars Tesla has ever attempted to develop, especially in Musk’s eyes, as he has said Optimus will be the best-selling product of all-time.
Many analysts agree, but the bullish ones, like Cathie Wood of ARK Invest, are perhaps the one who believes Tesla has incredible potential on Wall Street, predicting a $2,600 price target for 2030, but this is not even including Optimus.
She told Bloomberg last March that she believes that the project will present a potential additive if Tesla can scale faster than anticipated.
Cybertruck
Tesla drops latest hint that new Cybertruck trim is selling like hotcakes
According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:
Tesla’s new Cybertruck offering has had its delivery date pushed back once again. This is now the second time, and deliveries for the newest orders are now pushed well into 2027.
According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:
🚨 Tesla has updated the $59,990 Cybertruck Dual Motor AWD’s estimated delivery date to April 2027.
First deliveries are still slated for June, but if you order it now, you’ll be waiting over a year.
Demand appears to be off the charts for the new Cybertruck and consumers are… pic.twitter.com/raDCCeC0zP
— TESLARATI (@Teslarati) February 26, 2026
Just three days ago, the initial delivery date of June 2026 was pushed back to early Fall, and now, that date has officially moved to April 2027.
The fact that Tesla has had to push back deliveries once again proves one of two things: either Tesla has slow production plans for the new Cybertruck trim, or demand is off the charts.
Judging by how Tesla is already planning to raise the price based on demand in just a few days, it seems like the company knows it is giving a tremendous deal on this spec of Cybertruck, and units are moving quickly.
That points more toward demand and not necessarily to slower production plans, but it is not confirmed.
Tesla Cybertruck’s newest trim will undergo massive change in ten days, Musk says
Tesla is set to hike the price on March 1, so tomorrow will be the final day to grab the new Cybertruck trim for just $59,990.
It features:
- Dual Motor AWD w/ est. 325 mi of range
- Powered tonneau cover
- Bed outlets (2x 120V + 1x 240V) & Powershare capability
- Coil springs w/ adaptive damping
- Heated first-row seats w/ textile material that is easy to clean
- Steer-by-wire & Four Wheel Steering
- 6’ x 4’ composite bed
- Towing capacity of up to 7,500 lbs
- Powered frunk
Interestingly, the price offering is fairly close to what Tesla unveiled back in late 2019.
Elon Musk
Elon Musk outlines plan for first Starship tower catch attempt
Musk confirmed that Starship V3 Ship 1 (SN1) is headed for ground tests and expressed strong confidence in the updated vehicle design.
Elon Musk has clarified when SpaceX will first attempt to catch Starship’s upper stage with its launch tower. The CEO’s update provides the clearest teaser yet for the spacecraft’s recovery roadmap.
Musk shared the details in recent posts on X. In his initial post, Musk confirmed that Starship V3 Ship 1 (SN1) is headed for ground tests and expressed strong confidence in the updated vehicle design.
“Starship V3 SN1 headed for ground tests. I am highly confident that the V3 design will achieve full reusability,” Musk wrote.
In a follow-up post, Musk addressed when SpaceX would attempt to catch the upper stage using the launch tower’s robotic arms.
“Should note that SpaceX will only try to catch the ship with the tower after two perfect soft landings in the ocean. The risk of the ship breaking up over land needs to be very low,” Musk clarified.
His remarks suggest that SpaceX is deliberately reducing risk before attempting a tower catch of Starship’s upper stage. Such a milestone would mark a major step towards the full reuse of the Starship system.
SpaceX is currently targeting the first Starship V3 flight of 2026 this coming March. The spacecraft’s V3 iteration is widely viewed as a key milestone in SpaceX’s long-term strategy to make Starship fully reusable.
Starship V3 features a number of key upgrades over its previous iterations. The vehicle is equipped with SpaceX’s Raptor V3 engines, which are designed to deliver significantly higher thrust than earlier versions while reducing cost and weight.
The V3 design is also expected to be optimized for manufacturability, a critical step if SpaceX intends to scale the spacecraft’s production toward frequent launches for Starlink, lunar missions, and eventually Mars.
Elon Musk hints Tesla investors will be rewarded heavily
Tesla drops latest hint that new Cybertruck trim is selling like hotcakes
