Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Cramer says he would rather own Tesla than GM – but Ford is his favorite

Cramer says he would rather own Tesla than GM – but Ford is his favorite



This image shows Ford 2018 and 2019 F-150 trucks on the assembly line at Ford Motor Company’s Rouge Complex on September 27, 2018 in Dearborn, Michigan.

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CNBC’s Jim Cramer said on Friday that he believes shares in Tesla have fallen enough from their peak times that buying the electric car maker is now more attractive than General Motors.

Cramer̵

7;s comments on “Squawk on the Street” were made in response to investment firm Wedbush launching coverage of GM with better results, citing the Detroit automaker’s push in EVs. Shares of GM rose more than 3% Friday morning.

“I think it’s a late call, and I like Tesla here,” Cramer said. “I think it’s come down enough; I’d rather be in Tesla.”


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