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Here’s What Jim Cramer Thinks About Competition Between Apple and Tesla

June 7, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Portfolio Jim Cramer said Apple can own the world if it can produce a car that runs on water, in line with the late Steve Jobs’ goal. ‘I think a car that runs on water is better than a car that runs on batteries,’ Cramer said, referring to Tesla CEO Elon Musk’s comments that he doesn’t expect an Apple car before 2020. ‘If Musk talks about Apple, I believe him,’ Cramer said. Cramer also commented on the Alphabet’s work with self-driving cars and General Motors’ investment in car service app Lyft.

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