After spending most of the day in the red, the markets were mixed on Thursday, following the Fed's hawkish attitude on interest rates as the U.S. began two days of trade talks with China, and Tesla's  (TSLA) - Get Report  downward slide.

Here are three top takes from the columnists of Real Moneyand Real Money Pro, our premium sites for Wall Street professionals and active investors:

Jim Cramer: Elon Musk's Best Conference Call, Ever

"Finally, finally people are angry at Elon Musk for his boorish behavior on Tesla's conference call? Finally, they are fed up about how he treats analysts and how he gives his alternative set of facts?" asks TheStreet's Jim Cramer.

"Are you kidding me? Last night was his best conference call, ever. By far," writes Cramer.

Bad Markets Always Produce the Biggest Bounces

Real Money columnist James DePorre says, "Counter-trend trading in a market that is correcting can be very lucrative. It will depend on your particular style and time frame but the reversals that occur in a tape like this can make for some great trading if you are very quick and flexible."

Tesla's Numbers Were Ugly with a Capital U: Market Recon

"Investors have long ignored fundamentals when placing value upon Tesla. Those who believe in the name, and it's CEO, Elon Musk, have been referred to as a cult following," notes Real Money columnist Stephen Guilfoyle.

"Perhaps the worst thing that could happen to this company could be to actually meet it's goals and turn itself into a profitable business. It is at that point that the cult following might fade, and the valuation would become something based on results, and not on a fairy tale," Guilfoyle says.


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