Tesla, Inc. (NASDAQ:TSLA) was among Jim Cramer’s latest stock calls, as he suggested investors balance portfolios with hot and cold stocks. Cramer mentioned that selling the stock is akin to selling the future, as he commented:

Look, Tesla reported, alright? I liked everything they said. And I’m not, you know, it’s not like I hang out with Elon Musk, but I will tell you that what he’s going to do with robots is revolutionary. You want to sell that stock? You’re selling robots. You’re selling full self-driving cars. You’re selling the future. But go ahead, sell the future. I’m not a seller of the future. I’m a buyer of the future.

Photo by Tesla Fans Schweiz on Unsplash

Tesla, Inc. (NASDAQ:TSLA) designs and sells electric vehicles and also develops and installs solar energy and storage systems for residential, commercial, and industrial customers. In addition, the company is working on autonomous vehicles and robots. Presenting his game plan on April 17, Cramer said:

After the close, we get Tesla. Nobody wants to hear anymore about autos. They, we want to hear about self-driving cars. We want robots. We need information about the SpaceX IPO, different company, but you never know because it is Elon Musk. We want anything but cars. It’s so strange to be so tech-centered. But we aren’t interested in pigeonholing Tesla anymore as an auto company when there’s so many big things that it’s working on, huge things, next-generation things, artificial intelligence things.

While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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