Tesla, Musk's Master Plan And 'The Great Gatsby'

Barclays' Brian Johnson is one of the Street's harshest Tesla Motors Inc (NASDAQ: TSLA) critics, and the release of the company's "master plan part deux" hasn't changed his bearish outlook.

Johnson maintains an Underweight rating on Tesla's stock with an unchanged $165 price target. In fact, the analyst even questioned the appropriateness of an Underweight rating given Tesla's "cult-like following."

Related Link: Trucks, Mass Transportation And Autopilot: Tesla's "Master Plan Part Deux"

Johnson noted that Tesla's stock has gained 5.3 percent since the company's CEO Elon Musk took to Twitter to announce he is working on the "master plan."

"Mr. Musk's tweets revealed the depth of his fans' devotion, with followers expressing excitement over the forthcoming plan, wondering what was his favorite song on the Gatsby soundtrack he was listening to, while evincing concern over his lack of sleep," the analyst wrote.

Interestingly enough, Johnson quoted an appropriate line from "The Great Gatsby" that perfectly relates to Tesla's "master plan."

"Gatsby believed in the green light, the orgastic future that year by year recedes before us. It eluded us then, but that's no matter to-morrow we will run faster, stretch out our arms farther."

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