Despite record deliveries and energy growth, Tesla's profitability remains under pressure from intense competition and high capital expenditures, prompting speculation about a potential SpaceX merger.
Cramer suggested SpaceX may need to buy Tesla amid profitability pressure and rich valuation despite record deliveries and energy storage growth.
Tesla faces a challenging financial landscape as operating margins contracted to 1.4% amid heavy AI infrastructure spending. While record vehicle deliveries and energy storage growth drive revenue, Jim Cramer suggests a potential SpaceX acquisition could resolve the company's valuation and shareholder volatility issues.
Cramer suggests the move could help Elon Musk bypass a 'noisome' shareholder base and consolidate his ventures under a dual-class structure, potentially stabilizing the company's valuation.