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Jim Cramer Doesn't Want to Stay on the Tesla Horse

Jim Cramer
6/17/14 2:45 PM EDT
TheStreet's Jim Cramer might be getting off of the Tesla horse. Last week, Cramer commented that Anton Wahlman, who introduced Cramer to why Telsa was so great, is saying that there could be some pressure pops coming from BMW eventually. Cramer says the whole story about Tesla is that there is not going to be pressure from anywhere. The idea that there might be a competitor made Cramer think that maybe the Tesla trade was not for him. But, Cramer is not saying the Tesla trade could be over. Cramer is tired of getting behind stocks with huge moves and saying that is enough for him. Cramer liked shares of Tesla at $50 and also at $200 but that might be enough for him. Cramer says he loves the car but don't ask him to endorse the trade. -- Get Cramer's top stocks with Action Alerts PLUS Trade with him FREE for 14-days.
Stock quotes in this video: TSLA, BMW

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