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Cramer test drive pic
Twitter / jimcramer: Just finished my @teslamotors ...
I think he realized full well. This and other cues are what led to this commentary:He seemed sly in how he said, "today is about charging". Almost seems like he said "today" in a slightly emphasized manner without even realizing it.
[Ed: I get the feeling this is related to June 20th base on his measured response, delays etc.]
Is it "wrong" that my first reaction is, "He must have just put it in park"?Cramer test drive pic
Twitter / jimcramer: Just finished my @teslamotors ...
short interest down significantly to 23M for those following this for short cover clues. That's as of 2 weeks ago- it's likely sub 20M by now I would guess
Tesla Motors, Inc. (TSLA) Short Interest - NASDAQ.com
short interest down significantly to 23M for those following this for short cover clues. That's as of 2 weeks ago- it's likely sub 20M by now I would guess
Tesla Motors, Inc. (TSLA) Short Interest - NASDAQ.com
Maybe it's the cold realization setting in that TSLA is actually not a "cult stock" and he would have made millions if he had taken that drive a month ago.
Being an Engineer myself and having worked at American greats like General Motors and Boeing, I am so proud of America for having developed such a great automobile that blows past it's rivals in all categories after A LONG TIME. The majors will take time to catch up, and by that time Gen III will be out and Model S segment will be mature. Tesla cars and Tesla stock should be in the lead. go Tesla, Go California, Go USA!!!!!!
+1 on the head!
"wow, what a car"
Cramer's first comment.
He's snuck it in twice while talking about stocks like Hershey's and Proctor and Gamble!
9:15 - Test drive coming up, about to be several of Tesla's most entertaining minutes yet! And then Elon's on after. Is it a test drive or launch?
Live blog:
Live Blog: Teslas Elon Musk Speaks to CNBC
9:47 am: After seeing a recap of his test-drive on "Squawk on the Street", Cramer said, "The stock is a cult stock and it's really difficult to figure out where it can go. When you get behind the wheel, you want to get behind the stock. I'm trying to distinguish that. I'm saying that's not the right thing to do."
"I can totally understand why someone that test drives a Tesla wants to buy the stock, because it's about as cool of a thing as I have seen."
Live blog:
Live Blog: Teslas Elon Musk Speaks to CNBC
9:47 am: After seeing a recap of his test-drive on "Squawk on the Street", Cramer said, "The stock is a cult stock and it's really difficult to figure out where it can go. When you get behind the wheel, you want to get behind the stock. I'm trying to distinguish that. I'm saying that's not the right thing to do."
"I can totally understand why someone that test drives a Tesla wants to buy the stock, because it's about as cool of a thing as I have seen."
Lucky for me I test drove it last October. :wink:
While the teases are nice, Tesla needs to get their production capability up followed by heavy advertising of the Model S which should help drive more sales. The charging infrastructure needs to get to a threshold point first, which from the map looks like they wont start heavy advertising until the year end...The stock price will probably bounce around the 100 +/ 5 region till then.