TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks Tesla is a battleground stock.

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks Tesla (TSLA) - Get Report is a battleground stock.

Cramer felt the Nomura analyst note on Friday calling for Tesla shares to rise to $500 is a "short busting call."

"I question the note," Cramer said. "I didn't find there was anything in it other than psychological sentiment."

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