Investor's Corner
Tesla’s (TSLA) Battery Day is charging Jim Cramer’s valuation: “It’s Game, Set, Match”
Tesla (NASDAQ: TSLA) fan and former critic of the company Jim Cramer is looking forward to Battery Day on September 22, and it is fueling his valuation of the automaker who he once considered to be a guaranteed “sell” in the stock market.
An interview with Tesla Daily and TheStreet’s Rob Maurer allowed Cramer to clear the air about his thoughts for the electric car maker. However, looking forward, Cramer is excited for the company’s upcoming Battery Day, because he feels that it could be a key to spiking Tesla’s valuation into the stratosphere.
“What’s key to my valuation, Rob, is what Elon Musk will say on September 22,” Cramer said. Expecting Tesla to roll out a battery cell that could run for ten or twelve hours because of solar energy, Cramer admits he is not familiar with what Musk will unveil during the event. Any way Tesla puts it, Cramer believes it is “Game, Set, Match” for the automotive industry.
Maurer explained the more popular beliefs of Battery Day to Cramer, stating that Tesla will outline its battery strategy for the world to feast on. Additionally, Tesla could explain how it intends to increase annual battery production across all of its products, and not just its cars.
Maurer, like any Tesla enthusiast, knows that a lot of hype surrounds Battery Day. Nobody truly knows what will occur in late September or what the expectations are, but one thing is for sure, Wall Street will have its eyes set in Fremont, where the event is taking place.
“I think one thing that investors need to try to understand is really what those expectations are from the broad Wall Street community. Whether they’re expecting some huge technological breakthrough, or whether they’re going to be satisfied with, ‘Okay, here’s our plan to rapidly, capitally efficiently ramp up to a couple of Terawatt hours of battery production.’ I think there is going to be a lot of technological focus, but I think a lot of it is going to be on that capital efficiency and production ramping angle,” Maurer stated.
Ultimately, Tesla wants to increase the longevity of its battery packs, so its vehicles are capable of lasting fifteen or twenty years without having to undergo cell replacements. With that, the company also wants to improve the energy density that its cells can handle, which will lead to increased range within its vehicles.
Cramer, while a Tesla fan, is still an investor, and he believes that his valuation of the company ultimately comes down to what happens on September 22. If Tesla unveils a significant development in terms of its battery goals, the stock will go up. However, he’s advising some investors to proceed with caution, just in case.
“It [Battery Day] may be one of those events where, if you don’t own it, you may want to wait until after, if he doesn’t deliver along the line that people want him to deliver,” Cramer said. “I mean, one of the things I like about Elon Musk is that he’s not thinking about what you want, like Steve Jobs. He’s thinking about what you will want well ahead of when you know it. So he may be over the heads of people on September 22, and that means some people may be disappointed because they didn’t get what they want, not realizing they’re getting twice what they want if they would just shut up and listen.”
This fact leads Cramer to believe that the stock will go higher after Battery Day. Like many people, Battery Day is among Tesla’s most anticipated events in the company’s history because it is more significant than cars and energy storage; it is the future of our planet.
The full interview between Rob Maurer and Jim Cramer is available below.
Lucid CEO Silvio Napoli responded to rumors of an imminent bankruptcy that was reportedly being mulled after a report stated the automaker was working with the firm AlixPartners to iron out its next steps.
The company felt a massive loss on Wall Street yesterday, as the report essentially pushed the stock down as much as 55 percent on Tuesday.
The report, published initially by Eletric-Vehicles.com, claimed Lucid was essentially in dire straits and was told by AlixPartners, a commonly used restructuring advisor, to either take shares private or file for Chapter 11 bankruptcy protection.
Lucid’s head of Communications, Nick Twork, immediately challenged the report and stated the company “has sufficient liquidity to carry its operations well into next year.”
Now, the company’s CEO is chiming in as well, stating that the report is “so far from the facts that they require a direct response.”
Napoli said:
“Lucid is not considering bankruptcy or a transaction to take the company private. Those reports are false. The Board did not explore either scenario. Period.
As disclosed in our most recent quarterly filing, Lucid has sufficient liquidity to fund its operations well into next year.
We work with outside advisors to improve operational performance and execution. They are not advising Lucid on a take-private transaction or bankruptcy, and any suggestion that they have recommended either course of action to management or the Board is false.
My priority is clear: turn this company around. That is where the leadership team and I are focused.
I look forward to providing a full update during our quarterly earnings call on August 4th.”
🚨 Lucid CEO Silvio Napoli calls rumors of financial issues “so far from the facts that they require a direct response.”
Read his full remarks here: https://t.co/t3Pg1NHvzy pic.twitter.com/LvHUPhO4Qf
— TESLARATI (@Teslarati) July 15, 2026
It seems pretty clear that Lucid is confident things will be okay, and, to be honest, they should not have much to worry about, especially considering the company has been backed by the Saudi Public Investment Fund (PIF) for years. It has solid financial backing, and its sales, while weak, are pretty much right on par with a company of this age.
Lucid also sent a Cease & Desist letter to the publication for their report.
Lucid shares have rebounded nicely and are up nearly 21 percent at the time of publication. As soon as the company dispelled the rumors of bankruptcy yesterday, the stock began to climb back toward more reasonable levels.
Electric vehicle maker Lucid Group has denied rumors of an imminent bankruptcy after a report from this morning sent the stock on a dramatic drop on Wall Street, seeing losses of more than 40 percent during trading hours.
Lucid’s Director of Communications, Nick Twork, responded to the report from Eletric-Vehicles.com, which stated the company’s restructuring advisor, AlixPartners, was asked to review two decisions: taking Lucid shares private or filing for Chapter 11 bankruptcy protection.
The report also claims AlixPartners told the Lucid board to “concentrate on Gravity production while improving its quality, and to temporarily hold back the Lucid Air, the sedan that has defined the company since its launch.”
Twork said:
$LCID The rumors are completely false. The company has sufficient liquidity to carry its operations well into next year, as recently published in its last quarterly filings, and it has not formed any special Board committee to explore the scenarios reported today. Our focus is…
— Nick Twork (@ntwork) July 14, 2026
Shares rebounded after the response to the report, halving its losses as the trading day neared 3 p.m. Eastern.
Lucid has struggled to get its sales off the ground and into more respectable numbers, but the company is in its early years, when things are hard to begin with. It is also backed by several notable investors, including the Saudi Public Investment Fund (PIF), which has nearly limitless money and likely would not ditch an investment of this size so soon.
Lucid shares were down just 14 percent at the time of publication, a far cry from the 55 percent its losses topped out at during the day.
Tesla received a price target upgrade just on the heels of what was a crazy successful quarter for its automotive business, as the company reported a delivery beat of over 15 percent for Q2.
Jefferies analysts are upping Tesla’s price target (NASDAQ: TSLA) to $400 from $375, while maintaining their “Hold” rating on shares, and the strong automotive deliveries from Q2 is a big reason. However, there are some other catalysts that Jefferies believes position Tesla for a strong position in the second half of the year.
Strong Deliveries
Tesla reported 480,000 deliveries for Q2, while Wall Street was between 395,000 and 405,000, as an overall consensus. It was an incredibly strong quarter from a delivery perspective, and Tesla sold well more than it produced during the three months.
Tesla crushes Wall Street expectations, beats delivery estimates by over 15 percent
While vehicle deliveries are not necessarily looked at in the light that they used to be, Tesla still maintains a lot of advantages for keeping deliveries strong. With the loss of the $7,500 EV Tax Credit last year, Tesla still maintains a strong demand case for its EVs.
Robotaxi Performance
Tesla has been operating Robotaxi for over a year now, as it launched in Austin in mid-2025. That program has expanded to Houston and Dallas, the San Francisco Bay Area, and, most recently, Miami, Florida, the suite’s first appearance in the Sunshine State.
While the Robotaxi suite is still in its early phases and Tesla is working through things like fleet size and wait times, the company has been able to undercut the pricing of its competitors and has a great safety record.
Merger Speculation with Tesla and SpaceX
This is perhaps the biggest topic that many are speaking about with Tesla and SpaceX, and it is the one thing that seems to be on the mind of every investor.
Jefferies warns that growing talk of a Tesla-SpaceX merger could cause Tesla stock to trade more like a SpaceX proxy, which may disconnect it from underlying automotive fundamentals. SpaceX has a lot going for it, especially its compute deals that have been widely publicized as of late.
Profitability in New Projects Could Take Some Time
Tesla has a few long-term ventures in the pipeline, most notably the Optimus project and Robotaxi, which is launched but will take several years to expand to a meaningful level that resonates with everyday people.
This is something that investors need to be careful of. Tesla’s projects could take some time to round out, so Jefferies advises that these may carry initial losses, rather than immediate profit. Seasoned Tesla investors have echoed something like this for a long time; they knew going in it would not be an open-and-shut strategy. It was going to take time.
These new projects are no different.
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