We recently published a list of Jim Cramer Says I’m With Trump & Discusses These 12 Stocks. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other stocks that Jim Cramer discusses.

In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented that President Trump might be lenient towards major American companies when it came to tariffs. Tariffs on foreign manufactured goods threaten American firms as well since their operations are located overseas. “I think the President is being a little more responsive to great American companies,” he said. Among these companies, Cramer wondered why should the firm that sells the iPhone have to pay considering that it is investing millions in US jobs.

Another hot topic currently in the technology and semiconductor industry is AI chip sanctions. These rules prevent AI GPUs from being sold unrestricted to most countries in the world. Commenting on the rules, Cramer commented:

“And by the way the big thing that’s on the table is the diffusion, is this ridiculous stuff that Biden put through. In the last week on Saturday night. A Saturday night special, we should call that.”

He went on to add that he hoped that the rules were reversed because “it was so selective what countries they picked that could get, the 18 countries. It made no sense.”

As for the tariffs, Cramer hasn’t held back in supporting Trump but maintained that the President should consider a lighter approach in his announcements. He kept the view this time around as he remarked:

“I’m going with the Trump view. And I think the President’s going to be very level headed about the companies, and countries, that play ball. I mean, you know you think I mean, Hyundai I had to that. Korea’s gotten a free ride. I’m waiting for when Mercedes, Volkswagen, and Beamer have to pay the price. Because they’ve had a real free ride in our country.”

“David, we’re a free trader. And everyone has abused us,” Cramer remarked to co-host David Faber.

Our Methodology

To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on March 25th.

For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders In Q4 2024: 126

Tesla, Inc. (NASDAQ:TSLA) is the world’s largest pure-play electric vehicle manufacturer. The shares have been under considerable pressure this year primarily due to vehicle delivery drops that most analysts believe are due to CEO Elon Musk’s political activities. In his earlier remarks about Tesla, Inc. (NASDAQ:TSLA), Cramer wondered whether the stock’s got to do more with artificial intelligence and humanoid robots as opposed to cars. Here are his latest thoughts:

“Okay, it’s not a car company. It’s a company that is a technology company. A technology company, it’s, David you know what it is? . . It’s a intellectual factory [sarcastically]. It’s an intelligence factory. And because of that, we don’t have to look at it anymore as a car company.”

“Well I’m not, Cathie Wood, what has she got like a [2,600 price target] . . .oh, okay, fine. I see 2,600, I raise to 27, 27 at the back, I got 2,800 at front, I got 2,800 front, going once, going twice, I have 2,900 on the phone, okay this is nonsense.”

“No I’m saying that, it is a technology company, you know that, and we’re alluding to it’s hoard of H100. But I’m saying they also have, I’m saying that the man has the Texas facility, which is remarkable. And, you know look, Waymo’s starting in Washington. If Waymo’s, you know Waymo’s nowhere as good as Tesla.”

“The street doesn’t want this thing down. It presents too much of what I regard as being the most important issues of our time right now. It’s cause it’s autonomous. It’s robot. But it also sells cars. And that thing, the thing that is. . .the pickup truck. That was, that was, that’s like front and center. That’s a federal crime if you deface them.”

Overall, TSLA ranks 4th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TSLA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.