Jim Cramer has struck once again, singing praises for Tesla, Elon Musk’s automotive company. Cramer shared his Tesla is busy morphing right now, transitioning towards a tech giant, with its nuanced capabilities leading the firm towards greatness. Tesla is currently stable at $308, eyeing major stock highs in the future. Is Cramer’s prediction right? Is Tesla morphing into something massive? Let’s explore the possibilities.
Also Read: Tesla’s $30B Ultimatum: Board Pays Musk to Stay, Stock Up 2.2%
Tesla And Cramer: TSLA Is Exploding
Cramer, while hosting his Mad Money show on CNBC, sang multiple praises for Tesla last night. Cramer stated that Tesla is undergoing a massive shift at the moment, transitioning into a tech company. Flashing a strong buy call, Jim Cramer reiterated how TSLA should be on everyone’s radar and that the stock may go places from here.
“Tesla is morphing right now. It’s in transition from being a car company to being a technology company. You want to 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.”
Jim Cramer last night on $TSLA: "Tesla is morphing right now. It's in transition from being a car company to being a technology company. 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… pic.twitter.com/WzlPdQD7gq
— Sawyer Merritt (@SawyerMerritt) August 5, 2025
Musk has keenly been training his cars to work in sync with the AI instructions and autopilot mode. His vision to spearhead the Robotaxi decision also represents a strong use case for the future, where AI is set to dominate the majority of work and mundane chores. In addition to this, Ark Invest’s Cathie Wood had also shared similar views about Tesla, adding how the firm is primed for a $10B valuation.
“We believe that the entire ecosystem associated with autonomous taxi networks is going to be worth $8-10 trillion in terms of revenue generation in the next 5-10 years. To put that in context, the entire GDP of the world today is $113 trillion. So $10 trillion is going to move the needle.”
Cathie Wood says Tesla is largest AI Project on Earth.
— Nic Cruz Patane (@niccruzpatane) August 3, 2025
“We believe that the entire ecosystem associated with autonomous taxi networks is going to worth $8-10 Trillion in terms of revenue generation in the next 5-10 years. To put that in context, the entire GDP of the world… pic.twitter.com/EhMonzpCWR
The Key Stock Update: Next 12 Months
According to TipRanks Tesla stats, TSLA is eyeing a new high of $500, which it may achieve in the next 12 months.
“The average price target for Tesla is 306.39. This is based on 37 Wall Street analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $500.00, and the lowest forecast is $19.05. The average price target represents a -4.23% decrease from the current price of $319.91.”
Also Read: Tesla Sales Weaken Again in Europe: TSLA Stock Continues Skid
