153 points, nasdaq advanced 0. 19 . Well, then look no further than the stock of tesla this is an amazing market, but its always been an amazing Challenging Market individual investors, though, are back they now make up north of 20 , some say 25 of the action and theyve weathered everything from frightened, screaming billionaires to the nastiest president ial race in living memory to a horrifying Global Pandemic theyve steeled their hearts against the lack of Covid Vaccine or even a therapeutic. They arent oblivious to the incredibly high unemployment rate, yet they havent let it change their minds about trying to make money in the stock market whats the perfect symbol of that attitude . Tesla. Not the man, not the car, not even the company but the concept. A time our country feels it doesnt have much to root for and a world that hates us. I dont remember if no, i cannot remember a time in my life when we were this hated, and i lived through the Nixon Administration now, tesla reported last night and while the stock barely budged today the fact is theyve delivered some fantastic results. No funny business ledger, with 1. 4 billion in cash flow, double what wall street was looking for, tesla hit its aggressive u. S. Build targets for the quarter and still think they can make 500,000 units this year elon musk is even planting a flag in the Global Capital of the Auto Industry with a berlin plant that will start producing cars from europe next year well see the tesla truck made in austin some time next year, too. Theyve left the oldschool automakers in the dust at this point its not even a comparison even though tesla spent 2. 2 billion, their cash still increased by 5. 9 billion, bringing their total hoard up to 5. 9 billion i can remember a year ago people worried that tesla was functionally bankrupt. Now one could argue that they have the best balance show in the street he played it straight. How many ceos wish they could kick off their call with saying, and i quote, all right, so q3 was our best quarter in history. We achieved record production. Delivers record revenue record net income, both gap and nongap and record cash flow of 1. 3 billion end quote. He actually sounded gracious even a little humble when he thanked his employees and suppliers. Humility from elon musk . He went on to talk about cost control, quality, making the cars more affordable and finishes by saying, quote, ive never felt more optimistic about the future of tesla than i do today. Also id like to thank the investors who have stuck with us through thick and thin i think there is a lot of more good stuff to come, end quote. No hyperbole so what separates elon musk from every other ceo paid to sound optimistic about the future and make nice with investors two things first, those guys dont have his track record and second and more important, weve waited years to hear this kind of booring ceo talk from elon musk. Sometimes you had to wonder if he just smoked a doobie. This time he sounded like he was channelling lincolns second inaugural. Listen, this guy has taken a situation that was easy to dump and some said sell in the stock, some even predicted bankruptcy and hes turned it into a 400 billion business at this point, teslas stored the Auto Industry, its a tech company. They figured out how to store energy they blanket the airwaves with ads nobody wants to see, not even the ones voiced by the great john slattery. Tesla on the other hand doesnt need to advertise to sell cars sure the stocks already more than quintupled this year, but as one of them explained, fashionably late the other said the market picture improved significantly, shifting to market outperform. Where did these johnny come latelies get it wrong . Was it they didnt realize tesla is a Great Technology cspompany dozens of tech stocks trade at 50 39 Revenue Growth and a 9. 2 operating margin, tesla deserves to trade like the cloud space. Especially when you consider the intellectual property that goes into one of their cars, including a battery that is only going to get better and cheaper. It wasnt the technology that got me on board with this story, it was my daughter my wife. And two very smart friends with fabulous financial acumen who grabbed me kicking and screaming into the bull corner i dont think thats why these analysts missed it, though, even if the tech angle is a good excuse, given they will cover the Auto Industry. If youre used to following ford or General Motors, teslas valuation does look insane, even though toyota is on track to make roughly 20 times as many cars this year they made a misjudgment, one you wouldnt they failed to see the scale of opportunity that tesla held out to individual investors like you, including the younger ones. We call them the robin hood kind who have taken the market by storm. These analysts didnt grasp the younger administrations optimistic ethos to them musk is a rebel with a cause. Not social media mystique or a cloud brilliance, but actually a metal bent around brilliance the analysts couldnt understand the tesla is more than just a vehicle. Its a vehicle of hope in a now its not a cold stock as i once thought that was wrong its the story of american ingenuity. Probable a lot like henry ford when he first burst on the scene with his universal car except with a much cleaner engine and without henry fords trademark antisemitism. Heres the bottom line when it comes to tesla, the doubters were wrong and the believers are right. Those are not of the rich, cautious stayed investors, they are the individual investors who are sick and tired of being told that theyre studipid, too stup to manage their own money. That shouldnt take so many people by surprise, and i hope it doesnt after the shimmering star that is elon musks tesla lets go to phillip in North Carolina phillip . Phillip, how are you caller im good. Im good before i start, i just want to thank you so much. Because for all the years that ive been watching you, youre making it possible for me to give my four grandkids a head start on life when they got to go out into the real world. Youre a good man thank you. I try pretty hard and its worth it when i hear things like that. So lets go to work. Caller listen, one other quick question ive seen pictures of your garden do you have any fig trees in that garden . Any fruit trees caller fig fig. No, in my Italian Garden but wouldnt let me go there because of this pandemic. Caller theyre the best. I know. I love my fig trees in italy whats up . Caller all right this stock i own, im up 127 . Last three days its been down big. Im wondering, i know what you tell me, take your money out right now im playing with the houses money. Youre playing with the houses money. You let this one ride. Its like a lot of stocks that suddenly feel like theyre rolling over but come on back to the show, jeff so we had a little difference of opinion for a while, but i think theyre doing a great thing for Small Business its empowering them and i think the stock will be good in the long run thank you for the kind comments hope the four grandchildren are doing well jack in connecticut. Caller booyah from deer field county they formed the handle over the past eight to ten weeks. These three. Are they ready to run . First, ip h. I. Chip company. Right. Caller theyve consolidated over ten weeks back to august 3rd. Second one and the third youre really familiar with, amazon and nvidia are they ready to go. I dont want to put them in the same category as amd it was amd, right . Or amazon . Amd, okay. Amds up first it was down because people felt they were getting hurt by intel. Turns out intel is getting hurt by amd i think nvidia is maybe the finest company in america, maybe other than tesla i think amd is doing incredibly well and i think you can do without inify. Just my feeling. Lets go to joe in new york. Joe . Caller mr. Cramer, whats going on how are you this evening im doing all right how are you . Caller im doing well. A stock im bullish on midterm and that would be anheuserbusch, b. U. D. Generate a billion dollars yearly relentless transformative acquisition and although a 10 decline in sales and a 50 decline in ebit think theyll do that growth. I think beer has peeked. The only beer company that is growing is consolation thats a tough stock to own. I dont think i think its the clears that are working right now and bourbon is working and thats really about it all right. If you want to understand this unstoppable market, i need you to look at the stock of tesla. Individual investors are back. Theyre better and bigger than ever and i congratulate them on mad money tonight, im sitting down with the ceo of new core to talk about the companys recent resurgence. I know electric vehicles are top of mind for many new investors im eyeing one of the newer plays in the space and telling you whether i think its worth it dont miss my take on quantum space. My opinions dont end there. Ill tell you why a bull market in space could have you revving your engines, so stay with cramer. Dont miss a second of mad money. Follow jimcramer on twitter have a question . Tweet jim, madtweets. Send an email. Or give us a call at 1800743cnbc miss something head to madmoney. Cnbc. Com. Incomparable design makes it beautiful. State of the Art Technology makes it brilliant. The visionary lexus nx. Lease the 2021 nx 300 for 359 a month for 36 months. Experience amazing. At your lexus dealer. Iphone 12 and iphone 12 pro are here on verizon 5g f announcer s. 5g just got real. With the coverage of 5g nationwide, and, in more and more cities, the performance of 5g ultra wideband. Get iphone 12 on us when you switch. Only on verizon. Expectand action. 16 people died did he catch our bad guy . Were know as the charmed ones. You got one day to show me what you got. I want to fight. You need us harry. What a goal bockey ball, hockey ball, you name it ball. Im gonna be ready. Just say show me peacock into your xfinity voice remote or download the app today. After spending a couple years in the wilderness, the best run steel maker in the world, nucor, is making a magnificent comeback thanks to in part, well, surges in the auto market and nonresidential construction the Stock Plunged down to the high 20s as people were worried we were headed into a depression instead the economy got rolling again and of course so did nucor. The company preannounced strong Third Quarter results and this morning reported full results and they were even better than expected nucor earnings, 63 cents per share. Better yet, they gave you strong guidance for the next core lets take a look with ceo leon topalian welcome back to mad money. Thank you for having me, jim. Excited to be here by the way, we love that hard hat on you. Well, its pretty darn good i wore it on a day the market was down 400 i think it caused the bottom the way i look at nucor and have since mr. Iverson ran it there are moments in time where business starts going up, youve got Capital Projects coming on or have just been finished where your raw costs are going down as they are right now and the order book is getting filled and i call that nucor time are we, sir, in nucor time absolutely, jim i couldnt be more proud of our time and i want to begin by letting you know that our team is on pace to have the safest year in the history of our country. And as you know, the culture of nucor representing the 27,000 men and women doing exemplary job of taking care of one another in the nucor family. But, jim, to your point, we are poised and ready to return Significant Shareholder value back and those projects are coming online and returning ebidta right now as we speak. Now, i see some of the businesses are nonresidential, very strong. Yet, when i see all the doom and gloom around me, i think no ones building anything. Thats clearly wrong or you wouldnt be having those numbers. Absolutely. You know, i think one of the effects of the pandemic, jim, is people get very focused in the moment, the month, the quarter nucors investments are for the long term and we cant lose sight of that. The investments in brandenburg, kentucky, a 1. 7 billion state of the art plate mill is the future of the plate market and nucor is poised to be the Market Leader in that segment so, again, i couldnt be prouder of our team and how theyve responded as well as the earnings our q over q are up in shipments about 20 . So nonres construction remains strong and see that going into 21, jim and. Some are worried that the plate market wont be strong what do you see that you can put on all that capacity and maybe drive others out who are much more expensive yeah, absolutely, look. Wevebeen in this business for 55 years we know the cyclicality of steel. We invest in the downturns to create higher higher and lower lowers to have one single operation like brandenburg that can produce 97 of steel and plate consumed in that market and located in the largest segment of the market for plateconsuming products so, again, that opportunity for nucor in the cost advantage, we will have will truly differentiate us, jim. A lot of people feel that making steel is a dirty business and that what you do is you take dirty coal and you take dirty iron and you make it into something. Your company has not been able to, i think, tell a good story yet. Arent you sort of the largest recycler in the world . Jim, as you pointed out, we are the largest recycler of any product in north america 70 of our inputs are recycled materials. And 100 of our products are recyclable we have an incredible sustainability and footprint, and there is a value add there as we think about the esg side of our business in investing so to your point, weve not been proactive in telling our story well enough, and i can assure you thats going to change in the coming weeks and months as nucor continues to invest and expand our footprint in the United States. I was glad to hear even though i know the oil patch isnt that good that you have made a major push into Renewable Power steel. Which is paying off, apparently, by generating far more profit than i thought it could. Yeah, absolutely, jim we see the renewable sector as having great opportunity for our plate, structural, bar and mbq businesses, rebar, and that is going to be a huge focus for us as we move forward because i think its a huge focus and the right focus for our country. We have heard in the last 48 hours from several Auto Companies that this is the beginning of a new cycle for them that the used car inventory which was so high is almost gone not unlike when you have used houses when that goes down, they have to start buying new houses i think we are at the cusp of a 17 to 18 million sar in this country. What would that mean for nucor you know, jim, our focus, were about 1. 6 million times a year of our products going automotive in the next several years, were going to double that we want to be at the 3 million range. Part of our Investment Strategy like our galvanizing like in thinkman, arkansas, in the cold facility will be the first eaf producer to produce a generation 3 steel, a 2,000 mega pascal steel. And, again, truly differentiate us i couldnt be prouder of the team and the accomplishes in working and we are a tier one supplier to all 14 major oems in this country so automotive is going to be continue to be a big part of our business as we move forward. Okay. So what happens i dont want to be political. I hate politics. And i hate it more than ever, frankly. Even when i wade into it with a smile, it doesnt matter but there has been the president President Trump has done a lot to be able to help the Steel Industry can that be undone quickly by another president . You know, jim, theres obviously we will work well with both administrations and have in the past and so our focus on trade is going to be unrelenting. We have got to ensure that the United States has a level playing field. I think one of the effects in positive outcomes and silver lines of this pandemic is that it has shown america that we are far too dependent on china for things like pharma, ppe, medical devices and other equipment, and that includes steel and manufacturing. We have got to reshore that and weve got to ensure for the long term that the United StatesSteel Industry is vibrant. All right thats a great note to end it on couldnt agree with you more, sir. That is leon topalian. Hes the president and ceo of nucor, nue thank you so much, sir good to talk to you. Thank you, jim. Likewise thank you very much. Stick with cramer at fidelity, you get personalized Wealth Planning and unmatched overall value. Together with a dedicated advisor, youll make a plan that can adjust as your life changes, with access to taxsmart investing strategies that help you keep more of what you earn. And with brokerage accounts, you see what youll pay before you trade. Personalized advice. Unmatched value. At fidelity, you can have both. More than this at fidelity, you can have both. boy reading find the nonpartisan facts behind the real stories at usafacts. Org if youre concerned about the environment and climate change, how do you find companies that are driving the right outcomes . If you care about economic equality and social justice, which firms are addressing it in their workplaces and their communities . For nearly 40 years, calvert has delivered competitive returns by investing in Companies Making a difference because we see value in doing good. Talk to your Financial Advisor about investing responsibly with calvert. After another terrific quarter from tesla last night, everyones talking about electric vehicles today. So id like to remind you that many of these newer ones simply arent worth own see, theyre either too risky. Or theyre too expensive in particular, youve seen a wave of electric vehicle startups coming by merging with special purpose acquisition companies. These are called spacs for short. We spoke to fisker last night. Its now 22. Now quite there yet. Could get there. Could not. Fisker might have some cool designs but its year