---
title: "Who's Holding Tesla Stock Up? Jim Cramer Smells A 'Cathie Wood Imitator' Out There: 'Almost Conspiratorial'"
description: "Tesla's stock may be getting support from a mystery buyer, possibly a big portfolio manager, according to CNBC's Jim Cramer. He speculates that someone is buying to prevent the stock from falling furt"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/108708354.md"
published_at: "2024-02-27T08:57:37.000Z"
---

# Who's Holding Tesla Stock Up? Jim Cramer Smells A 'Cathie Wood Imitator' Out There: 'Almost Conspiratorial'

> Tesla's stock may be getting support from a mystery buyer, possibly a big portfolio manager, according to CNBC's Jim Cramer. He speculates that someone is buying to prevent the stock from falling further, which he describes as "almost conspiratorial." However, Cramer doubts that this buyer can push Tesla back to a trillion-dollar valuation. The stock has been trading in a broad range since the third quarter of 2023.

As **Tesla, Inc**. (NASDAQ:TSLA) shares remain downbeat, CNBC Mad Money host **Jim Cramer**, who thinks the electric-vehicle giant could be the first to fall out of the “Magnificent Seven,” ended up including it in the list of potential next trillion-dollar companies. But he also suggested the stock might be getting a lift from a mystery buyer.

**What Happened:** On Monday’s Mad Money episode, Cramer noted Tesla’s market capitalization is plateauing around $635 billion. He speculated that a “big portfolio manager” might be buying to stop the stock from falling further, acknowledging the unusual nature of such a move.

“It does feel like some big portfolio manager….has decided to make a stand, not letting it to go any lower. I know it sounds strange, but that’s almost conspiratorial, right but that’s how Tesla trades,” he said.

“There could be a **Cathie Wood** imitator out there buying Tesla, not letting it come down, not caring if they get it cheaper, tour de force arrogant buyer.”

> Jim Cramer on $TSLA: It does feel like there is some big portfolio manager making a stand and not letting it go any lower; There could be a Cathie Wood imitator out there buying." pic.twitter.com/heRkcyNs2Q
> 
> — Sawyer Merritt (@SawyerMerritt) February 27, 2024

Wood is a Tesla bull, and the EV maker is one of the top holdings of many of Ark’s actively managed exchange-traded funds. Ark resumed Tesla buying in late January as the stock plunged following the company’s double-miss in the fourth quarter.

This mystery investor, however, may not be enough to propel Tesla back to a trillion, according to Cramer. He believes the stock might benefit from future new model releases but expresses doubt about reaching the trillion-dollar mark.

*See Also:* *Everything You Need To Know About Tesla Stock*

**Why It’s Important**: Cramer may not be way off with his comments. Ever since the stock slipped in the aftermath of the company’s third-quarter results in mid-July, it has been trading in a broad range. Since late January, it has been trading mostly below the $200 level.

Last week, Nvidia became the most traded stock on Wall Street, replacing Tesla, according to Reuters. Tesla had dominated daily U.S. stock trading since 2020, with turnovers often surpassing $35 billion, according to LSEG data.

Tesla’s next big catalyst could be its upcoming deliveries report in early April.

*Source: Benzinga*

However, Cramer expresses concerns about Tesla’s ability to outperform expectations given factors like slowing EV adoption, economic uncertainty, and China’s competitive landscape.

Analysts have muted expectations for the recently launched Cybertruck, viewing it as a long-term contributor rather than an immediate revenue driver. Tesla bulls, like **Gary Black**, emphasize the need for advertising and a more affordable EV to boost sales volume.

**Price Action:** Tesla ended Monday’s session up 3.87% to $**199.40**, according to Benzinga Pro data.

*Check out more of Benzinga’s Future Of Mobility coverage by* *following this link**.*

*Read Next: Tesla A ‘Partner’ And Not Competition, Says BYD — Chinese Firm Not Eyeing US Market Just Yet*

*Image made via photos on Shutterstock*

### Related Stocks

- [TSLA.US - Tesla](https://longbridge.com/en/quote/TSLA.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 板岩的定價將在六月公佈，“空白板巖” 卡車的價格仍預計在兩萬美元中段範圍內 | Slate Auto，一家電動車初創公司，將在六月公佈其 “Blank Slate” 電動皮卡的定價。該車型預計將成為最實惠的電動車之一，初始目標定價低於 20,000 美元，儘管最近的聯邦激勵措施變化可能會影響這一點。這款卡車具有可定製的 | [Link](https://longbridge.com/en/news/276367534.md) |
| 官方 Slate 卡車的定價將在六月底公佈 | Slate Auto 將於六月底公佈其經濟型電動皮卡 “Blank Slate” 的定價。首席執行官 Chris Barman 表示，基礎型號的起售價將在 2 萬美元中段。與其他電動汽車初創公司不同，Slate 的皮卡將不提供選項，允許買家 | [Link](https://longbridge.com/en/news/276389542.md) |
| Anthropic 發佈了最新的人工智能聊天機器人，名為 ‘Claude Sonnet 4.6’ | Anthropic 推出了最新的 AI 聊天機器人 “Claude Sonnet 4.6”，這是其在不到兩週內的第二次重大發布。該模型旨在增強用户的計算機使用、編碼和數據處理能力。Claude Sonnet 4.6 將成為免費和付費用户的默 | [Link](https://longbridge.com/en/news/276241471.md) |
| 羅伯特·賴克表示，特斯拉沒有支付聯邦所得税，而埃隆·馬斯克的收入可能比美國所有教師的總和多 30 億美元——‘你看出問題了嗎？’ | 特斯拉報告稱在 2025 年沒有支付聯邦所得税，儘管其税前收入達到 57 億美元。前勞動部長羅伯特·賴希強調了這一點，並指出埃隆·馬斯克的潛在收入比所有美國小學教師的總和還要多出 30 億美元。批評者認為這反映了盈利豐厚的公司如何合法地減少 | [Link](https://longbridge.com/en/news/276133290.md) |
| 分析 - 美國汽車製造商被捲入特朗普與加州電動汽車之戰的交火中 | 特朗普政府與加利福尼亞州之間關於汽車污染法規的法律鬥爭可能對汽車製造商產生重大財務影響。加利福尼亞州正在挑戰聯邦政府試圖撤銷其設定更嚴格排放標準的權力。如果加利福尼亞州勝訴，汽車製造商可能需要應對相互衝突的聯邦和州法規，這將影響他們的電動車 | [Link](https://longbridge.com/en/news/276323878.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.