Where Cramer Stands On Tesla, Fisker Following Mixed Analyst Ratings

Tesla Inc TSLA and Fisker FSR were featured on Jim Cramer's "Mad Dash" segment Thursday morning.

What Happened: Tudor Pickering initiated coverage on Tesla with a Sell rating and a price target of $537. The firm also initiated coverage on Fisker with a Buy rating and a price target of $19.

Cramer's Take: Cramer said the note on Tesla actually reads like a "buy, buy, buy." He disagreed with the Sell rating that Tudor Pickering placed on the stock.

"I wouldn't do the sell Tesla side. I like Tesla," Cramer emphasized on CNBC.

See Also: If You Had $1,000 Right Now, Would You Put It On Tesla, Nio, Xpeng Or Li Auto?

"What's more important is Fisker," he said: "[Henrik Fisker] designs it, others make it, it's an asset-light model and I really like it."

Cramer noted Fisker stock hasn't received the same attention as Lucid Group Inc LCID.

"If you like what happened in Lucid, you could love what happens with this one," he said.

TSLA, FSR Price Action: Tesla was up 0.23% at $753.70 and Fisker was up 4.17% at $14.24 at the time of publication.

Photos: courtesy of Tesla & Fisker.