ADVERTISEMENT

JIM CRAMER: Elon Musk should take medical leave from Tesla (TSLA)

Cramer's comes after Tesla shares tumbled on Friday in the wake of Musk's interview with the New York Times. Shares of Tesla are trading down 8% following the interview.

  • CNBC host Jim Cramer says
  • Cramer's comes after Tesla shares tumbled on Friday in the wake of Musk's interview with the New York Times.
  • Musk told the Times that this has been the "most difficult and painful year" of his career and that he's needed to take Ambien to sleep.
ADVERTISEMENT

CNBC host Jim Cramer thinks Elon Musk should take a medical leave from Tesla.

"Devasting New York Times piece filled with new facts," Cramer tweeted on Friday. "We know that the safest thing for Musk right now is a medical leave.. I would insist on it."

Cramer's comment comes in response to a question directed at him on Twitter, asking what he thought about the sell-off taking place in Tesla shares on Friday.

ADVERTISEMENT

The stock is down more than 8%, falling to a low $305.70, and has essentially wiped out all of the gains that followed its second-quarter results. Shares are now more than 25% below the $420 price that Musk said he was aiming to take the electric-car maker private at.

Late Thursday, the New York Times published an interview with Musk in which the Tesla CEO said this has been the "most difficult and painful year

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

How SafeHamsters unlocks the potential of crypto betting| Insider Tips

How SafeHamsters unlocks the potential of crypto betting| Insider Tips

A look into the diverse tax reforms being implemented across Africa

A look into the diverse tax reforms being implemented across Africa

Dubai firm to lend South Sudan $12.9 billion in exchange for 20 years oil repayment

Dubai firm to lend South Sudan $12.9 billion in exchange for 20 years oil repayment

China dethrones USA as the most influential global power in Africa: Report

China dethrones USA as the most influential global power in Africa: Report

Major African economies expecting inflation ease into next year, except Nigeria

Major African economies expecting inflation ease into next year, except Nigeria

10 African countries with the lowest price changes in household commodities

10 African countries with the lowest price changes in household commodities

Dangote refinery outranks Europe's 10 largest refining facilities

Dangote refinery outranks Europe's 10 largest refining facilities

Africa may just have the lowest level of cyber threats compared to other regions

Africa may just have the lowest level of cyber threats compared to other regions

A look into Kenya’s Shs1.1 billion climate funding from the UK

A look into Kenya’s Shs1.1 billion climate funding from the UK

ADVERTISEMENT