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Jim Cramer: Tesla Is Not a Stock, It's a Cult

TheStreet's Jim Cramer shares his latest take on Tesla.

Tesla (TSLA) - Get Tesla Inc Report is not a stock, it's a cult. That is the assessment from TheStreet's Action Alerts PLUS Portfolio Manger Jim Cramer. "Here is the problem with trying to gain Tesla: Tesla is a shorted stock; Tesla is a loved car," Cramer said in an interview. "The people who like the car, like the stock." Tesla's stock lost over 20% since the start of the year and recently acquired SolarCity. Cramer spoke earlier from the floor of the New York Stock Exchange.

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