Group 1 - Tesla, Inc. reported earnings that beat expectations, but the market reaction was negative, with the stock falling over 3% the following day, possibly due to higher-than-expected capital expenditures or lack of details on new business ventures [1][2] - CEO Elon Musk emphasized that the future of Tesla lies in Cybercabs and humanoid robots, shifting focus away from traditional electric vehicles [1][2] - Jim Cramer expressed a bullish sentiment towards Tesla, indicating a preference for its potential in robotics and Cybercabs over its performance as a car manufacturer [2] Group 2 - The company is involved in designing and selling electric vehicles, as well as developing solar energy and storage systems for various customers [2] - Tesla is also working on autonomous vehicles and robots, indicating a diversification of its business model beyond just electric vehicles [2] - There is a belief that certain AI stocks may offer greater upside potential compared to Tesla, suggesting a competitive landscape in the tech and automotive sectors [3]
Jim Cramer on Tesla (TSLA): “Nobody Cares About the Numbers Here”