Morgan Stanley Gives a $465 Target For Tesla, Stock Jumps 5%, Doug Kass And Hitler Caught Short (TSLA)

We've publicly shorted Tesla twice on the blog, both times worked out because nothing like this happened during the holding period.
For the most part this April 2013 headline is operative "Why We Don't Short Tesla: The stock is up 16% On The Day (TSLA)". That was at $44.00, up $6.11.
Recently $255.30 up $12.15.

Morgan Stanley was one of the firms that sold the recent half-billion stock offering.

From Bloomberg: 

Morgan Stanley Massively Hikes Price Target on Tesla, Says Stock Could Almost Double

Forget about a mere 15 percent increase in stock value -- how about a 90 percent one? That's how bullish Morgan Stanley analyst Adam Jonas is on Tesla.

In a note this morning, Jonas has increased the price target for Tesla to $465 from $280 (the stock is currently at about $243). The key reason behind this is what he calls "Tesla Mobility, an app-based, on-demand mobility service." The race for autonomous driving is nothing new, with tech giants such as Apple and Google also making a push in this realm, but the report says Tesla is well positioned to get large market share. Jonas is telling clients that "Tesla is uniquely positioned, in our view, to solve the biggest flaw in the auto industry, <4 an="" app-based="" mobility="" nbsp="" on-demand="" p="" service.="" utilization="" via="">Here's more:...MORE

 Doug Kass famously shorted Tesla, starting at $205, see for example February 2014's "UPDATED--Doug Kass Shorts More Tesla at $232, Announces Company Has Fallen Into His Trap (TSLA)" which also has a chart of another of his shorts, U.S. Treasuries, using an inverse ETF ie down equals up which is bad when you're inverted:

I don't know if Kass was actually short Tesla this time around but he talks about it on the Twitter. 

As I said when we first posted this video: "This is not the best of the Der Untergang parodies, Der Führer would not be impressed."
Here's Hitler, ca 2013: