Tesla Motors (TSLA) CEO Pokes Fun at Jim Cramer

June 29, 2010 12:46 PM UTC
The CEO of Tesla Motors (Nasdaq: TSLA) IPO, today's hot IPO, ripped CNBC Mad Money host Jim Cramer in an interview on the station today.

In an CNBC interview with Phil Lebow, CEO Elon Musk responded to concerns expressed by Jim Cramer that he would stay away from the new stock.

Musk said "yeah we are not Bear Stearns," referring to the fact that Jim Cramer recommended the investment bank stock before it collapsed. Musk called Cramer a "contrary indicator."

So far, Tusk has the bragging rights as his stock is 8% higher from its IPO price of $17.


You May Also Be Interested In





Related Categories

Insiders' Blog

Related Entities

Jim Cramer, Bear Stearns, Tesla