On CNBC, Jim Cramer said he is convinced Tesla (NASDAQ: TSLA) "is not a stock" in an attempt to explain the meteoric rise in value.

"If it is not a stock, then what is it?", Cramer asked. One person suggested to Jim it is not a stock, but a 'stonk'.

Tesla is not a stock

— Jim Cramer (@jimcramer) July 22, 2020