Tesla's  (TSLA - Get Report) long slide that has dropped shares below the $200 threshold in recent days and that's bringing the bear case for the company front and center.

Cramer said the there is a bizarre dynamic developing in the Tesla stock with a constant fumbling between the bulls and bears. "The stock is a football," Cramer said.

While speaking about China and its impact on Tesla to Action Alerts PLUS' Research Analyst Zev Fima,  Cramer said, "If the Chinese don't let them in and let them sell all the cars they want, there's a demand problem. That's a fundamental issue for Tesla."

Cramer wants to hear what you have to say about Tesla. Tweet him @JimCramer.

For more on what to expect and if the company can shift the negative narrative surrounding the stock, check out Real Money's Stock of the Day analysis.

Related. Wall Street Cuts Targets as Tesla Stock's Bear Case Builds

More from Cramer Today

Jim Cramer's Take on Best Buy, L Brands, and Foot Locker - Retail Roundup

One Thing Investors Can Do to Protect Themselves in a Trade War

Real Money: Wait for Trade and Infrastructure News to Hit Prices

Watch Jim Cramer's Daily NYSE Show and Replays Below