TECH - Elon Musk Investors And Grok Wary Of Tesla Stock Tumbling After Jim Cramer Says It Could Touch $1 Trillion Market Cap | Benzinga
Tesla Inc. (NASDAQ:TSLA) investors and CEO Elon Musk are now wary about the future performance of the stock after Jim Cramer put it on the list of 8 companies that he thinks could join the “trillion dollar stock club.”
What Happened: CNBC “Mad Money” host and former hedge fund manager Cramer on Wednesday reviewed eight stocks that he believes could hit a trillion-dollar market capitalization and Tesla is one among them, together with pharma giant Eli Lilly, Warren Buffett‘s Berkshire Hathaway and retailer Walmart.
Social media often jokes that a stock recommendation by Cramer is a death kiss and vice versa. Tesla investors on Wednesday are now joking that the prediction could lead to a potential fall in the stock after the recent rally.
“Welp, it was a good run y’all,” Tesla investor Sawyer Merritt wrote on X, formerly Twitter.
Musk responded to Merritt with a response from Grok, a chatbot developed ...