Tesla Gets Ringing Endorsement From Financial Expert

If you’re on the fence about buying into Tesla’s stock, one financial expert has an obvious answer for you: do it.

CNBC’s Jim Cramer touched on the Elon Musk-run company on Monday night and urged his viewers to get in on Tesla’s stock, even with the current price being over $309 per share.

Cramer says Tesla is “morphing right now” and is becoming more than just a car company.

“Tesla is morphing right now. It’s in transition from being a car company to being a technology company,” Cramer explained. “You wanna be in there because the tech is worth a lot more than what it’s selling for right now. Don’t care where you bought it, care where it’s going to.”

While Tesla is most well-known for its vehicles, the company also offers energy generation and storage products, including solar panels and roofs, a whole-home backup system called “Powerwall” and “Megapack,” which is a “massive energy storage system,” Tesla’s website says.

Musk’s company has also entered the restaurant industry, with the opening of the Tesla Diner in California last month.

When it comes to its cars, Tesla has made big in-roads in the industry. The company was responsible for the best-selling vehicle in the world in 2023 and 2024 with its Model Y.

More recently, Tesla has gotten involved in the robotaxi business, with the company officially launching the service in Austin, Texas, in June. Tesla is hoping to expand its network across the United States down the road.

Related: Reviews Are In For Elon Musk’s First Tesla Diner

Tesla Gets Ringing Endorsement From Financial Expert first appeared on Men’s Journal on Aug 5, 2025