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Jim Cramer Reveals One Characteristic About Tesla's Stock

What's next for Tesla shares after Nomura analysts attached a $500 price target to the stock? TheStreet's Jim Cramer calls Tesla a cult stock.

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Tesla (TSLA) - Get Tesla Inc Report is a cult stock. 

"I'm never saying anybody should buy it or sell it," Cramer said. 

Nomura analysts put a $500 price target on Tesla shares Wednesday. The stock trades at $357 and is up 67% since the start of the year. 

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