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What Does Elon Musk Mean for Tesla’s Stock Price? Jim Cramer Explains

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How much does CEO Elon Musk play into Tesla’s stock price and its status as a growth stock?

Jim Cramer said as long as Musk keeps innovating, the stock will keep moving higher.

“As long as he delivers on his vision, it’s a growth stock… he’s not trying to create a value play. He’s trying to create an innovation play and innovation leads to a higher stock price no matter what,” Cramer said.

Cramer joined TheStreet’s Katherine Ross and Tesla Daily’s Rob Maurer to break down Tesla’s landmark year and what to expect in 2021.

Watch the full conversation: Tesla 2021: What Jim Cramer and Tesla Daily's Rob Maurer Are Watching

Tesla is set to report earnings after the closing bell, Wednesday, Jan. 27. The company is expected to report earnings per share of $1.01 on revenue of $10.33 billion.

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