Jim Cramer's daily rapid fire looks at stocks in the news outside the
Investing Club portfolio. Tesla : The electric vehicle maker missed expectations on earnings per share in the second quarter, and the stock dropped 12%. 's Jim Cramer praised Tesla CEO Elon Musk's post-earnings conference call. "It was a manifesto of what he's thinking about long term," Cramer added. "If you read it, you would say, 'Wow, I'm getting a great opportunity to again to go buy some." Visa : The credit card giant missed estimates on sales, and that was worrying the market. Dow stock Visa dropped more than 3%. Cramer said Visa tried to explain away a downtick in the last month.
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