Tesla ran up over 10% on Monday after Morgan Stanley's Adam Jonas upgraded the stock and issued a Street-high price target.
CNBC Mad Money host Jim Cramer weighed in on the analyst's take and the stock move.
"Look, I like Adam Jonas," Cramer said, adding the analyst missed the entire run in Tesla that came from being a car company.
“Maybe he's getting ahead of the next leg higher as a supercomputer company – one that could possibly challenge Nvidia down the road?” the stock picker said.
“That's why Tesla stock went up 10% today and Nvidia stock went down? I am not convinced of it,” he added.
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