TSLA - Jim Cramer Says He Is 'Struggling' With Tesla Likes This Industrial Giant | Benzinga
On CNBC's “Mad Money Lightning Round,” Jim Cramer said he is “struggling” with Tesla Inc (NASDAQ:TSLA). Shares of the electric vehicle (EV) company settled lower on Tuesday on reports that it will temporarily shut down production in Grünheide.
Additionally, the company’s April sales of China-made vehicles reportedly fell 18% year over year.
Cramer also said he likes Caterpillar (NYSE:CAT).
On April 25, Caterpillar reported a first-quarter fiscal 2024 revenue of $15.8 billion, a slight decrease of 0.4% year-over-year, missing the consensus of $16.216 billion. CAT’s adjusted earnings of $5.60 per share, compared to $4.91 a year ago, topped ...