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What happened to Jim Cramer’s love affair with Tesla and Elon Musk?

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Jim Cramer’s love affair with Tesla and Elon Musk appears to be over, based on recent comments the long-time Mad Money host has made in the past few months. Cramer flipped from bear to bull on Tesla stock several years ago following a drive in his daughter’s Tesla, essentially becoming one of the company’s most outspoken supporters. However, Cramer has moved on from his bullish Tesla outlook.

Recently, Cramer’s overwhelming support for Tesla started to crumble after he stated that the Cybertruck would be Musk’s “first disaster.” Instead, Cramer told car buyers to look at the all-electric F-150 Lightning from Ford, the automaker’s battery-powered version of the United States’ best-selling pickup truck. The F-150 Lightning is set to begin deliveries next Spring.

While purchasing a vehicle based on aesthetics is purely up to the consumer, there is no evidence to suggest that the Cybertruck will be a disaster at all, especially in terms of interest. In fact, the Cybertruck has already accumulated over 1.2 million pre-orders. Even if 50% of those orders are unfulfilled based on pure speculation, that would still make the Cybertruck one of the most popular vehicles in the country. The most popular vehicle in the United States is the Ford F-Series, which sold 787,372 units in 2020, according to GoodCarBadCar.

Earlier today, Cramer made another bold statement regarding who he would rather put his trust in between Musk and Ford CEO Jim Farley. His choice would certainly not appease Tesla fans by any measure, as Cramer stated he would much rather have Farley than Musk.

Jim Farley is undoubtedly a credible CEO, with a proven record of success thus far. He has supported Ford’s transition to electrification, and the company’s stock price has soared since he assumed the role of CEO in October 2020. While Farley has been a supporter and crutch for Ford’s transition away from combustion engines, he is not as innovative or revolutionary as Musk, and there isn’t much of a comparison based on what the two men have done in their careers as CEOs.

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In a matter of months, Cramer has gone from perhaps the biggest Elon fan and supporter to relatively no trust or enthusiasm regarding Tesla or its products. One can only ask: What’s the reason for this?

The flip on Cramer’s view was drastic and uncharacteristic of someone who has supported Tesla and been a very vocal bull for several years. Here are some of the things that Cramer has said about Tesla as recently as May 2021:

May 2021: Elon Musk states Tesla will halt Bitcoin transactions due to environmental concerns

“I don’t know why the hell he said it. I don’t know whether there was another objection besides the environmental, because the environmental [reason] doesn’t hold water. It’s been this way the whole time. But he chose to do this, and I don’t get it. But, he does a lot of things that I can’t fathom that turn out to be brilliant.”

Tesla’s Bitcoin reversal confuses Jim Cramer, but he’s not giving up on Elon Musk

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January 2021: Musk’s contribution to Tesla’s valuation 

“If you don’t have any, you can still buy some. Don’t buy a lot, but you can certainly still buy some. The roadmap is clear, Elon, every time he talks, it’s going to be good, and I just think we all have to accept the fact that President Biden will do anything to make the EV to be the central form of transport.”

“Every time Elon opens a new market, like he is about to do with his factory in Berlin, the stock will go up again. It’s really a question of whether you believe in iterations.”

Tesla still a ‘Buy’ to Jim Cramer: ‘Everytime [Elon] talks, it’s going to be good’

September 2020: Battery Day critics just didn’t get it

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“They’re [critics] just bummed that the things they hyped didn’t happen.”

“Tesla rolls out a plan to create an electric car for the masses and greeted with a yawn because Musk didn’t roll out a magic battery…That’s what happens when you let expectations get out of control.”

Tesla (TSLA) shares snatched up by ARK after Battery Day: “It’s going to be hard to catch up”

While many critics of Cramer’s simply claim he has changed his $TSLA position, or that he is supporting ICE-based automakers, there is no evidence of this yet. However, Cramer’s sudden flip on Tesla is interesting, and only he knows why he has chosen to openly ditch the efforts of the electric car company that is undoubtedly leading the charge.

 

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk

Elon Musk handed Grok something no other AI company can get their hands on

Elon Musk says SpaceX will feed engineering data into Grok’s next model, avoiding restricted material.

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Artistic concept rendering of SpaceX data being incorporated into a Grok AI model

Elon Musk said Tuesday that SpaceX will feed its internal engineering data into the next major training run for Grok, the AI model now folded into SpaceX following February’s merger. In a post on X, Musk wrote that SpaceX’s “massive corpus of world-class engineering data,” excluding anything restricted under U.S. arms export law, will be added during supplemental training of what he called the “2T run,” a reference to a roughly two trillion parameter model that would nearly double the parameters behind the latest Grok 4.5 that’s rolling out.

The excluded material that Musk is referring to would fall under the International Traffic in Arms Regulations (ITAR), which restricts export of technical data tied to defense and space hardware. That likely rules out propulsion specifics for Merlin and Raptor engines along with guidance and control details for SpaceX’s launch vehicles, but leaves manufacturing knowledge, materials science, and Starlink hardware design on the table.

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The announcement extends a pattern that has been building since SpaceX’s Nasdaq debut in June, when the company went public with Grok and xAI’s Colossus supercomputer folded into the pitch to investors.

Days after that listing, SpaceX closed its $60 billion all stock acquisition of coding startup Cursor, giving xAI both enterprise software distribution and a stream of real world developer data to train on. Grok 4.5 launched July 8 running partly on that Cursor training data, with Musk describing it as roughly comparable to Anthropic’s Opus 4.7 but faster and cheaper to run.

Feeding SpaceX’s own engineering data into the next AI model follows the same logic Musk has applied across xAI’s sister companies. Tesla supplies real world driving data and manufacturing expertise, X supplies conversational data, and now SpaceX supplies aerospace engineering data built up since 2002.

Musk did not give a release date for the upcoming AI model, referred to elsewhere as Grok 4.6. He has said the two trillion parameter run is in its final training phase and expected to wrap this week.

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Elon Musk

Elon Musk sends first warning to SpaceX short sellers

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Credit: Grok

In a pointed message on X, Elon Musk warned that firms maintaining significant short positions in SpaceX over time face “very low” survival probability.

The statement comes amid post-IPO volatility for the rocket company, now trading under the ticker $SPCX.

Five weeks after what was described as the largest IPO in history, the stock had fallen roughly 30% from its peak above $2.6 trillion, briefly surpassing Microsoft and Amazon in market value. Short sellers celebrated gains of about $8.7 billion, but Musk’s reply underscores his long-term conviction.

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The warning directly echoes a detailed bullish analysis arguing that Starship’s cost reductions could unlock a multi-trillion-dollar space economy. Projects ranging from solar power beamed from orbit and asteroid mining to orbital data centers and Mars terraforming were projected to create over $100 trillion in new market capitalization.

In this vision, SpaceX acts as the essential infrastructure provider, akin to AWS for cloud computing, capturing monopoly-like revenues from launches, crew transport, and data traffic across a rapidly expanding frontier.

This is far from the first time Musk has targeted short sellers. With Tesla, he has repeatedly framed persistent bears as destined for major losses. In July 2024, Musk declared that once Tesla achieves full autonomy and volume production of Optimus robots, “anyone still holding a short position will be obliterated. Even Gates,” referencing Microsoft co-founder Bill Gates’ reported short bets.

Elon Musk reveals what Tesla stock surge could do to Bill Gates

Earlier, in 2018, he taunted shorts that they had “about three weeks before their short position explodes,” a remark followed by sharp stock gains. Musk has also called short selling “value destroying” and once suggested it “should be illegal,” viewing it as betting against innovation and progress.

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Critics often dismiss Musk’s optimism as hype, especially when near-term metrics like quarterly deliveries or stock fluctuations disappoint.

Yet his pattern remains consistent: framing short positions against his companies as fundamentally misjudging exponential technological leaps. For SpaceX shorts, the message is clear: betting against multi-planetary ambitions and the infrastructure monopoly they enable carries existential risk for the firms involved.

As Musk and supporters see it, the space economy’s upside dwarfs Earth-bound valuation models, making today’s dips temporary in a decades-long ascent.

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Elon Musk

SpaceX Starship Flight 13 aborted at Zero and Musk just told us what broke

Four Raptor engines failed to ignite at T-zero, forcing SpaceX to scrub Starship Flight 13 Thursday.

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SpaceX scrubbed the Starship Flight 13 launch attempt Thursday evening at the last possible moment, after four of the Super Heavy booster’s 33 Raptor 3 engines failed to ignite during the startup sequence. The 90-minute window had opened at 6:45 p.m. EDT from Starbase in Boca Chica, Texas, and the countdown had proceeded without issue all day, with more than 11.5 million pounds of liquid methane and liquid oxygen being fully loaded into the rocket before the automated abort triggered. SpaceX’s launch directors posted on X, “Standing down from today’s flight test attempt,” and shut down the livestream shortly after.

Musk confirmed the root cause within hours. “Some of the engines didn’t start, triggering an automatic launch abort,” he wrote on X. “To be confident of a good flight, 2 Raptors will be removed and replaced. Most probable launch timing is early next week.” SpaceX engineers began draining propellant tanks immediately and Booster 20 was rolled back to its hangar for inspection.

SpaceX comes with a slew of changes for Starship Flight 13

 

The timing adds a layer of significance that did not exist during any of the previous 12 Starship flights. This is the first time SpaceX has attempted to launch Starship since the company made its stock market debut in June, listing under ticker SPCX at $135 per share. Public investors are now watching every Starship outcome in real time, and a last-second abort carries more visibility than it would have six months ago.

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Flight 13 was designed to be one of the most consequential tests in the program’s history. It was set to carry 20 Starlink V3 satellites, the first operational payload Starship has ever attempted to deploy. Six of those satellites carried external cameras to photograph Starship’s heat shield from the outside during flight, which would act as a self-inspection approach SpaceX has never attempted before. The mission also needed to complete a Raptor engine relight in space, a step SpaceX skipped on Flight 12 in May after losing an engine during ascent. That Flight 12 booster also flipped 90 degrees off course during its boostback burn when five engines failed to reignite.

SpaceX has not announced an official next launch date. Musk’s “early next week” window points to July 21 or 22 at the earliest, pending the engine swap and a return to the pad.

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