That’s the nickname CNBC’s “Mad Money” host Jim Cramer, who some might describe as a bit of a carnival barker in his own right, recently bestowed upon Tesla
chief executive Elon Musk.
“I just keep finding it’s a three-ring circus with the guy. It’s kind of annoying but he’s exciting,” Cramer said. “He’s P.T. Barnum. Barnum did pack the seats.”
Barnum, of course, was the colorful promoter behind what would become the Ringling Bros. and Barnum & Bailey Circus. He’s also credited, perhaps incorrectly, as the man who said “there’s a sucker born every minute,” which would only fuel the Musk comparison in the eyes of Tesla critics.
Previously, after Musk’s infamous take-private tweet erupted over the summer, Cramer said his “stunts” were ill-advised and even went so far as to recommend that he be removed as chief executive.
Watch Cramer’s recent take:
MarketWatch’s Therese Poletti echoed Cramer’s sentiment, calling Musk a “huckster car salesman,” not the “genius” his fans believe him to be.
Cramer’s and Poletti’s comments follow Musk’s presentation in Palo Alto Monday, in which he projected by the end of 2020, there will be at least 1 million Tesla cars on the road acting as robo-taxis with full self-driving capabilities.
At last check, Tesla shares were up slightly at $263.22, lagging the gains logged by the Dow
and the Nasdaq