Kass Doubles Down On Tesla Motors Inc Short, MS Doubles PT
Doug Kass of Seabreeze Partners Management increased his short position on Tesla Motors Inc (NASDAQ:TSLA) last Wednesday when the stock was trading between $218 and $224, increasing the cost basis to $212, just in time to see a glowing Morgan Stanley (NYSE:MS) report more than double its 12-month price and drive Tesla stocks toward $250.
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