Jim Cramer Says Buy Tesla Stock Before Memorial Day

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Stocks traded higher in intraday trading on Wednesday as Federal Reserve officials maintained their belief that price increases from the recovering economy will be transitory and will ease toward the latter half of 2021.

Fed officials have been playing down the risk of rising prices, repeating the central bank's view that current inflation levels--the highest since 2009--will slow into the end of the year as base effects fade and supply-chain bottlenecks ease.

So, why--with the Fed driving the larger market story--is Jim Cramer focused on Tesla  (TSLA) - Get Tesla Inc Report?

Recap TheStreet Live: Everything Jim Cramer Is Watching Wednesday 

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