Jim Cramer Says He’s A Believer In Tesla (TSLA)

Group 1 - Tesla, Inc. (NASDAQ:TSLA) shares have increased by 6.4% over the past year but have decreased by 1.7% year-to-date [2] - Truist has slightly reduced its price target for Tesla shares to $438 from $439 while maintaining a Hold rating, noting a shift in Tesla's business strategy, including the discontinuation of Model S and X production and the integration of AI-related targets for 2026 [2] - Needham also reiterated a Hold rating for Tesla, highlighting the company's benefits from geographic diversity and strong margins due to autonomy strengths [2] Group 2 - Jim Cramer expresses strong belief in Tesla, viewing it more as a technology company than a car manufacturer, and emphasizes the significance of the company's advancements in robotics [3] - Cramer acknowledges the presence of analysts and investors who support Tesla, suggesting a positive outlook despite market fluctuations [3] - The article suggests that while Tesla is a potential investment, there are AI stocks that may offer higher returns with lower risk [3]