Jim Cramer Tackles Tesla's Suspension Allegations

Tesla (TSLA) - Get Report is loved by environmentally-conscious millennials and the company's fans will not abandon the stock due to the potential suspension problem, says TheStreet's Jim Cramer. Shares of Tesla are down Friday despite denying a safety defect with the suspensions in either the Model S or Model X. In a blog post Thursday, the company addressed claims that there were issues with its suspension and that it asked a customer to sign a document preventing them from talking to the National Highway Traffic Safety Administration or any other government agency about such problems, calling it 'preposterous.'

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.