Jim Cramer Comments on A Media Report About Tesla, Inc. (TSLA) Board’s Alleged Search for Elon Musk’s Replacement

From Yahoo Finance: 2025-05-07 10:46:00

Jim Cramer discussed AI stocks on CNBC, noting a shift in market sentiment towards AI and US-China tensions over technology. The US restricted AI chip sales to China, with Cramer calling US technology superior. The US AI chip sanctions target 18 countries, criticized by Cramer. Potential tariffs’ impact on economic growth remains uncertain.

Tesla, Inc. (NASDAQ:TSLA) faced challenges in 2025, including weakening sales and Elon Musk’s role. Despite this, TSLA shares rose 26% post-earnings on news of Musk reducing government involvement. Cramer addressed reports of Tesla’s board seeking Musk’s replacement, emphasizing false narratives. TSLA ranks 7th among stocks discussed by Cramer.

For investors interested in AI stocks, Cramer highlighted a promising AI stock with significant upside potential and low earnings multiple. While TSLA shows promise, other AI stocks may offer higher returns in a shorter timeframe. Consider exploring opportunities in the AI sector for potential growth and investment benefits.



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