Thursday, July 15, 2010

Elon Musk disses Jim Cramer's stock picks live on CNBC

Elon Musk, the millionaire CEO of Tesla Motors, took time to knock the stock picks of Jim Cramer while live on the Mad Money host's own television network, CNBC, during their coverage of Tesla's IPO. 

The electric car mogul mentioned Cramer's backing of Bear Sterns (which eventually went bust) as argument that his picks were 'counter-indicators'. "We're no Bear Sterns", he says. You can find the remark at around 0:41 into the clip, which is embedded above. [Via sunnydays020388]
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