Jim Cramer & Rob Maurer: Tesla is the Stock of the Year (12.21.20)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 21 December 2020
⏱️ 10 minutes
🧾️ Download transcript
Summary
After a panelist vote on the best stocks of 2020, one company stood well above the rest -- Tesla. The volatile stock has captured the attention of the world with a meteoric 731% rise year-to-date compared to a 15% increase for the S&P 500 index. Rewind the clock back another six months to the lows of June 2019 and TSLA stock has increased 19-fold. Forget doubling or tripling, that's a novemdecupling. We checked.
Perhaps, then, it comes as no surprise that 12 of our 16 panelists voted Tesla as the stock of the year. The company, which has become one of the ten most valuable companies in the world after beginning the year outside of the top 100, even had its stock highlighted in Google's global Year in Search 2020 report alongside terms such as "Coronavirus" and "Election results".
It's been a magical year for the stock, no doubt, but is it justified? Rob Maurer of Tesla Daily and Jim Cramer discuss Tesla and Elon Musk heading into 2021.
Article continues at https://www.thestreet.com/investing/best-stocks-of-2020-tesla-number-one
Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283
Plaid producer Who Why
Plaid producer Ice Lakes Investments
Ludicrous producer Fred Hassen
Executive producer Rish Singh
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Tesla has hit quite a milestone. It is now included in the S&P 500 index and I don't have to tell you all how impressive the stock's performance has been this year with the stock up 728% and still soaring. So it has earned the gold medal |
| 0:14.4 | of the street stock of the year. |
| 0:16.2 | Joining me on this very special occasion |
| 0:18.1 | is Rob Maurer, host of Tesla Daily and Jim Kramer. |
| 0:21.1 | Jim, you and I have spoken extensively |
| 0:23.1 | about Tesla and you've gone from being a skeptic |
| 0:25.0 | to a believer. |
| 0:26.2 | So is the stock more powered by the investors themselves |
| 0:29.8 | rather than the company's innovation? I think that people want a piece of the company's |
| 0:34.4 | innovation they don't know where it's going to go. I think that Elon Musk is |
| 0:39.6 | someone who gives you a chance to participate in his genius. |
| 0:44.5 | It is obvious that he makes the most superior cars or else |
| 0:48.5 | he'd have to advertise. |
| 0:50.0 | It's obvious that he's got a tremendous ideas to my tremendous ideas in solar that aren't talked |
| 0:56.2 | about but I think he's just he's a technologist in an industry where technology has been |
| 1:02.3 | uh... stillborn, he continues to innovate and that's |
| 1:06.1 | why I just think the world of Hinton think the world is talking. |
| 1:09.4 | I'm not backing way just because it's supposed to go down if it's added to the S&P. |
| 1:13.7 | I don't think it'll do that. |
| 1:15.0 | It's a technology stock that's worth $600 billion and that's a reasonable valuation for |
| 1:19.1 | a great technology company. |
| 1:21.1 | Rob, I'm not going to lie here. I remember scoffing when I saw Arc Invest 2024 price target of |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Rob Maurer, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Rob Maurer and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.