February 24, 2014

Doug Kass shorts Tesla

I have taken a small short position in Tesla at $205 in trading. This goes directly against one of my short selling tenets -- namely, shorting high interest stocks. The more I think and write about it, the more I like my Tesla short,

I have been uncharacteristically positive on Tesla Motors (TSLA) particularly in my 15 Surprises for 2014. 

But I would note that the stock has had a monster run, and before anyone puts too much into Tesla, you should check out what Audi is doing with synthetic fuel.