It can be done with some PowerShell magic:
$temp = '/testsettings:D:\workspace\unittestjob\solution\local.testsettings /resultsfile:TestResult.trx ' ; #General stuff
Get-ChildItem D:\workspace\unittestjob\solution\ -Filter *.Test.dll -Recurse | ? {$_.fullname -notmatch 'obj'} | % { $temp = $temp + "/testcontainer:" + $_.FullName+ " "}; #Get all dlls, but exclude the ones from 'obj'. Add /testcontainer to each
$temp = '"C:\Program Files (x86)\Microsoft Visual Studio 11.0\Common7\IDE\mstest" ' + $temp ; #Prepare the command of MSTest to be ran
iex "& $temp"; #Run MSTest