Tesla Stock Crashes 12% But Jim Cramer Remains Bullish On EV Giant

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Elon Musk's Tesla received backing from Jim Cramer despite weak second quarter earnings, however, the TSLA stock continued plummeting with 12% loss today.

STORY HIGHLIGHTS

Elon Musk's Tesla reported weak Q2 earnings on Tuesday, July 23.

The TSLA stock plunged 8% in after hours due to the earnings miss, which continued in Wednesday's trading session.

However, Jim Cramer remained bullish on the EV giant despite the continued stock declines.

Tesla’s stock experienced a dramatic decline of nearly 12% on Wednesday, July 24, following a disappointing Q2 earnings report. Despite the setback, CNBC’s Jim Cramer remains optimistic about the electric vehicle giant’s long-term prospects.

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