Jim Cramer: Tesla and the Magical World of Investing Right now the newfound prevailing wisdom is clobbering the old kind and those who cling to the latter are destined to be run over. Mar 16, 2021 | 06:41 AM EDT Did Tesla (TSLA) change the entire investing world? The more I ponder Lucid or Fisker (FSR) or all the SPACs involving electric vehicles, the more I think about the notion of what I thought was high-risk technology spending, the more I realize that Tesla made everything more magical, or more like alchemy, with either one producing a positive result for the believer. It's so difficult now to imagine several years ago when very smart people would come on air and point blank just say that Tesla was a bankrupt company, a fraud, one that would eventually be revealed if you just waited long enough.