Jim Cramer on Tesla: Analyst Skepticism Trumped by Investor Optimism
Jim Cramer says the confidence Musk exudes about the idea of how many cars he can sell is reflected in the optimism of the casual investor.
Tesla cut its delivery guidance for this year but CEO Elon Musk announced that the company is projecting sales of its Model S to grow 50% in 2015. Jim Cramer says the confidence Musk exudes about the idea of how many cars he can sell is reflected in the optimism of the casual investor. The analysts, on the other hand, are very skeptical. But the skepticism is being trumped by the optimism. Cramer says Musk can really run a company but he is also very good at running a stock. Jim Cramer adds that Tesla is a cold stock. He says you can't game cold stocks using the four walls of the spreadsheet.
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