Jim Cramer on Elon Musk's Reason to Dance, 5G's Future and Retail

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Tango Tuesday?

That may be the case for Elon Musk, who was dancing on stage in Shanghai Monday.

But let's take a look at what's caught Jim Cramer's eye Tuesday.

Cramer's got an eye on Kohl's KSS, Tesla TSLA, and 5G.

So...Tesla

Monday afternoon, Tesla hit a market cap of $82 billion.

Need some perspective?

Tesla's market cap has surpassed the combined market caps of General Motors--at $51 billion--and Ford--at $36 billion.

"I am dumbfounded, too, dumbfounded about why Tesla's not up even more than it is. This is a market that thrives on growth. Tesla has it in spades. GM doesn't have much at all and Ford is actually on the decline," wrote Cramer in his Real Money column Tuesday morning.

Plus, Tesla's got a growth business in China to beat the band, while Ford's China business is in trouble and GM's seems almost static to me. The fact that Elon Musk did a jig last night is being viewed as something that's cocky, hilarious even. Who can blame the guy? He built that plant that can produce 150,000 cars in 10 months. Ford and GM would be struggling to get a similar plant open in 18 months," he continued.

Kohl's Is Real Money's Stock of the Day

Jim Cramer wrote about Kohl's in his

More specifically, he wrote how JPMorgan's Matthew Boss changed the way that Cramer and his portfolio are approaching Kohl's.

"If you don't know Boss, he does a ton of fieldwork to find out how retailers are doing. His work is coming up with some pretty shocking results. He's saying that his work shows that a number of store chains could have better than expected earnings, including some that will be shockingly better," he wrote.

"The one I am most intrigued by is Kohl's, which my charitable trust owns. He says that same-store sales could rise as much as plus 1.5%. That means Kohl's can beat or meet street earnings estimates which would be shocking itself," Cramer continued.

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