Jim Cramer previously said Tesla is a buy at much lower price levels.
Unresolvable The public record could not settle it.
Factual: Statements about the present or the past, checked against the record: did they hold up?
The evidence is the person's or their organisation's own records.
What would count as true or false
True: a dated record from before 2019-12-21 (a CNBC or Mad Money transcript, a TheStreet or Action Alerts PLUS article, a tweet) shows Cramer saying Tesla was a buy, or worth buying, at prices well below where it traded on 2019-12-21. Mostly true: such a statement exists, but the levels or wording differ in a minor way, for example a conditional "I'd buy it lower" rather than a flat "buy". Mixed: his record is mixed, with a statement about buying lower existing but alongside repeated contrary calls that make the characterisation only half right. Mostly false: the only related statements are vague or not about buying at lower levels, for example general caution. False: his documented record shows he did not say this, for example he was consistently bearish or did not advise buying at lower levels during the period he refers to.
Set before the research began.
Evidence (8)
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E1 Cramer's game plan: We may be coming in 'too hot' to the busiest week of the year CNBC · 25 January 2019 Own record
“"My view on Tesla remains the same: if you love, love, love the car, you're free to own the stock, but I can't recommend it because the balance sheet's so ugly. Tesla needs too much money," he explained.”
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E2 Jim Cramer turns bullish on Tesla — 'I'm a true believer' CNBC · 11 December 2019 Own record
“"Cult product? Check. Sound balance sheet? Check. Charismatic Leader? Check," the host said. "If you're going to invest in a battleground stock, Tesla's got all the ingredients of a winner."”
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E3 Jim Cramer turns bullish on Tesla — 'I'm a true believer' CNBC · 11 December 2019 Own record
“Tesla shares gained 3.86% in Wednesday to close at $325.70.”
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E4 Tesla's stock is tanking—here's what Jim Cramer and other experts have to say CNBC · 1 March 2019 Own record
“I mean, the stock, it's either going to $0 or going to $1,000.”
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E5 The anti-Midas touch of Mad Money's Jim Cramer The Spectator · 3 February 2023
“proclaimed on his show Mad Money that investors should avoid the stock at all costs.”
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E6 Cramer Remix: Don't make this mistake during earnings season CNBC · 19 July 2019 Own record
“Why do I have to buy the stock? I'm going to congratulate [CEO Elon Musk] for making a lot of cars.”
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E7 Everything Jim Cramer said about the stock market on 'Mad Money,' including bullish on Tesla, millennial homebuying CNBC · 12 December 2019 Own record
“The "Mad Money" host on Wednesday exclaimed "I'm a true believer in Tesla," breaking down his metamorphosis on the electric-car company”
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E8 Jim Cramer's 'Mad Money' recap & stock picks Dec. 17, 2019 - CNBC CNBC · 18 December 2019 Own record
“I don't want you to own Ford, I want you to own the stock of Tesla.”
Reasoning
In earlier 2019 records Cramer said he could not recommend Tesla (E1) and questioned the need to buy it (E6), with no mention of buying at a lower price. The December 2019 segments show him turning bullish, at a close of $325.70 on Dec 11, and telling viewers to own Tesla on Dec 17 (E2, E3, E7, E8). None of these items names a buy level. No item gives Tesla's price on 2019-12-21, so it cannot be shown that the $325.70 call was 'much lower' than that day's price. The evidence neither confirms nor rules out an earlier statement that Tesla was a buy at much lower prices.
Cite this claim
Jim Cramer, “Jim Cramer previously said Tesla is a buy at much lower price levels.” (said 21 December 2019). Verdict: unresolvable. Reliability API, claim c_6f782e8d7cda, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_6f782e8d7cda
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
More factual claims by Jim Cramer
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Mostly true
“We’ve been told over and over that the consumer’s totally stretched,” he said. “The companies are saying otherwise.”
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Resolved true
“What matters is the price of oil and WTI is at $101”
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Mixed
“i have pushed them hard to do this and they are doing it.”
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Resolved true
“Dina's pretty amazing and has helped Goldman's small business effort.”
Dina Powell McCormick has helped Goldman Sachs's small business effort.
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Resolved true
“You don't buy the stock of Lilly here — the stock jumped nearly 15% yesterday, for heaven's sake.”
Eli Lilly's stock jumped nearly 15% on the trading day before 2023-08-09.
Verdicts are made automatically; how verdicts are made.