Jim Cramer says Tesla will OWN California in 2035

CNBC’s Jim Cramer told fellow anchors on a segment of Squawk on the Street that he expects Elon Musk to “own” California after 2035 if the state’s new gas vehicle sales ban takes effect. Cramer noted Ford CEO Jim Farley has been guiding the company toward a business model emphasizing EVs, with less reliance on the dealership model.

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