"The people who hate [the stock] think it's going to zero," Cramer, TheStreet's founder and manager of the Action Alerts PLUS portfolio, said in an interview from the floor of the New York Stock Exchange Wednesday. "People who love it think it goes to $500."
Right now, the stock is practically splitting the difference, with shares trading at about $222.
"Go buy a Tesla" -- the car, not the stock.
Good luck, as he suggested. The available models are sold out. "Try to get one," Cramer said.
In terms of an investment, "that binary situation is not for me," Cramer said.
Tesla has been moving its business model. With its announcement that it would look to acquire SolarCity (SCTY) , Tesla has indicated it wants to move closer to a one-stop shopping destination for consumers who want clean energy solutions.
That doesn't mean Tesla has abandoned its vehicle ambitions, by any means. The company has suggested it plans to produce 90,000 vehicles this year and increase that production pace to 500,000 by 2018 and to 1 million two years after that.
Meanwhile, the company has said it has cut the cost of its Model X crossover vehicle ... to a mere $74,000. Still, as Cramer has said, Tesla chief Elon Musk is "Teflon."