Cramer Recasts Tesla as a Robotics Play as Reports Flag European Sales Slump
He ties potential upside to the outcome of a shareholder vote that he says could keep leadership in place.
Overview
- Jim Cramer told Harvard Business School students that Tesla is trading on autonomy and robotics rather than car sales and called the stock a miracle.
- Cramer said the shares could climb if Elon Musk wins a shareholder vote and remains in charge, presenting governance as a key factor for the stock.
- Media summaries citing Reuters and Bloomberg report a 28.5% drop in Tesla’s European sales with an estimated 89% decline in Sweden, and shares dipped after those reports.
- Cramer has framed Tesla at the intersection of high‑growth tech and speculative markets, highlighting self‑driving and humanoid robotics as the core investment case.
- Yahoo Finance republished an Insider Monkey piece carrying Cramer’s remarks, and the articles included promotional links steering readers to alternative AI stock recommendations.