• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Us
  • Contact Us
  • Our Google News Channel
IRA vs 401k

IRA vs 401k

Retirement Options

  • Home
  • Roth IRA
  • Roth 401k
  • SEP IRA
  • Simple IRA
  • 401K
  • Finanace
You are here: Home / Finanace / How Jim Cramer Is Approaching Tesla, Bitcoin as Stocks Sell Off Monday

How Jim Cramer Is Approaching Tesla, Bitcoin as Stocks Sell Off Monday

January 4, 2021 by Retirement

It’s 2021 and TheStreet Live with Jim Cramer and Katherine Ross is back.

There are a number of big headlines that investors are carefully watching this morning, including bitcoin’s tumble and the Tesla deliveries that were announced this morning. 

Over the weekend, bitcoin topped $34,000 and this after hitting $30,000 for the first time. 

As the cryptocurrency and the larger market sells off Monday, Jim Cramer said he plans to hold onto the bitcoin he has after taking out his cost-basis. 

“I bought it more as an asset than a trade,” Cramer said. “I’m not doing anything I wouldn’t do with a stock.”

Cramer added that he would look to buy more bitcoin if ever returns to his entry point of around $14,000. 

Jim Cramer talks Georgia, Tesla, Jack Ma, bitcoin, Airbnb, Newell, the vaccine rollout and more in the video below. 

And then there’s Tesla  (TSLA) – Get Report. 

Tesla very, very narrowly missed its goal of 500,000 deliveries in 2020. 

The company announced that it had delivered 499,550 vehicles. 

Tesla’s year-end production total was pegged at 509,737 vehicles, the company said, after a 71.4% increase in fourth-quarter figures to a record 179,757, TheStreet’s Martin Baccardax wrote. 

Despite the soaring price of the stock, Cramer said he expects President-elect Biden’s focus on EV transportation and the opening of the Berlin gigafactory. “Every time that Elon opens a new market…the stock will go up again,” Cramer said. 

“If you don’t own any [Tesla stock], you can still buy some,” Cramer said. 

Curious about what Jim Cramer and his team at Action Alerts PLUS are watching in the markets? Watch Cramer’s exclusive members-only Daily Rundown show on Action Alerts PLUS following TheStreet Live.

Daniel Kuhn contributed reporting to this article. 

2020’s Most Popular Videos From TheStreet and Jim Cramer:

Filed Under: Finanace

Primary Sidebar

E-mail Newsletter

More to See

Maximizing Your Retirement Savings: Expert Insights on IRAs and 401(k)s

November 23, 2024 By Roth

IRA vs 401(k): Key Differences to Help You Choose the Best Retirement Plan for 2024

November 21, 2024 By Roth

Real Estate Syndication in Indianapolis: Unlocking Investment Potential

November 15, 2024 By Retirement

Maximizing Your 401k at 55 | Retirement Strategies for Growth

October 15, 2024 By Roth

401(k) savings

Retirement Savings Options: Navigating the Path to a Secure Future

August 15, 2024 By SEO Robot

Retirement Planning

August 13, 2024 By Roth

Infographic comparing IRA vs 401(k) retirement options.

IRA and 401(k): Compare Your Retirement Options

May 20, 2024 By SEO Robot

Tags

401(k) 401(k) advantages 401(k) insights 401k at 55 401k growth strategies best retirement plan catch-up contributions exclusive listings Financial Planning financial planning 2024 Financial Security future planning Indianapolis property market Investing Investment Investment Options Investment Strategies IRA IRA benefits IRA strategies IRA vs 401k Labrosse Real Estate luxury homes luxury real estate maximize retirement savings multi-family investment Indianapolis passive income through real estate Personal Finance premium properties property syndication real estate investment real estate syndication Indianapolis Retirement retirement advice retirement investment Retirement Planning retirement planning 2024 Retirement Savings retirement savings tips retirement strategies retirement tips Savings secure retirement secure retirement funds Wealth Management

Footer

  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms of Use
  • Google News

Recent

  • Roth IRA Contribution and Income Limits for 2025
  • Maximizing Your Retirement Savings: Expert Insights on IRAs and 401(k)s
  • IRA vs 401(k): Key Differences to Help You Choose the Best Retirement Plan for 2024
  • Real Estate Syndication in Indianapolis: Unlocking Investment Potential
  • Maximizing Your 401k at 55 | Retirement Strategies for Growth