Reported 4 days ago
In a recent CNBC program, Jim Cramer expressed skepticism about Tesla's (TSLA) market standing, stating there's 'nothing magnificent' about the company anymore, especially amid challenges posed by competitors and the impact of President Trump's tariffs. He noted a significant decline in Tesla's sales across major markets, contrasting this with increased interest in electric vehicles overall. Cramer highlighted Tesla's stagnating product lineup and emphasized the need for potential innovations to materialize amid investor concerns.
Source: YAHOO