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IPFS News Link • Transportation

Tesla Skeptic Jim Cramer Has A Huge Change Of Heart

•, Steven Loveday

The legendary — or perhaps infamous in the eyes of some — Jim Cramer said not long ago that he was considering buying his wife a Tesla Model X. He made it clear that they were sold on the Tesla all-electric crossover for various reasons. However, he didn't outwardly state that he was about to also change his TSLA stock forecasts, though he did mention it as you'll see below.

Yes, Cramer is buying a Model X. You know, the least popular Tesla vehicle — not the company's widely successful Model 3 or time-tested Model S — and the one that short-sellers are saying has been trumped by the Audi e-tron and Jaguar I-Pace, which is outright and blatantly untrue. Sure, the I-Pace just had its best U.S. sales month ever, with a whopping 306 delivered.

Meanwhile, the e-tron cranked it up to 621 sold. Still, despite Audi's and Jaguar's increased sales, neither are a match for the Model X overall, in terms of sales, range, performance, etc.