Tesla Motors’ Stock Continues to Soar

By IVCPOST Staff Reporter

Jul 04, 2013 05:16 PM EDT

Tesla Motors' stocks were performing well lately and have reached an increase of up to 250% as of this year to date. Tesla has seen its stock rise by more than 100% during the past two months only.

This good stock performance could have investors thinking about selling their Tesla stocks. However, according to Motley Fool's Daniel Sparks , there would be no need to do so, especially if the stocks' performance reached your expectations. In all, Tesla's business would seem to be doing good lately.

Tesla Motors, based in Sillicon Valley, was into the business of designing, producing, and distributing electric cars. The auto company was well-known for using electric powertrain such as lithium-ion battery packs and gained attention with the release Tesla Roadster and Model S. The Roadster was a fully electronic sports car, which is the first of its kind to enter the auto market, while Model S was a luxury sedan that was fully electric powered. 

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