Jim Cramer Feels Skeptical About Morgan Stanley's Tesla Report

Jim Cramer says it makes him skeptical when Morgan Stanley cuts its expectations for Tesla Motors 2015 Model X deliveries but reiterates an overweight rating and $320 price target. Cramer says the idea that there could be execution problems at Tesla really concerns him. He says that even though Tesla is beloved by investors, the company can't be valued by any traditional metrics. Cramer advises investors to take a look at the Morgan Stanley report at least just to test their conviction because this report is devastating for everything other than the price target where the analyst remains a bull. Shares of Tesla were lower Wednesday following the Morgan Stanley report.