Sell Tesla Motors Inc (TSLA) In May?

As a final tip of the hat to Tesla Motors Inc (NASDAQ:TSLA)’s potential, Consumer Reports released a May 9 statement declaring its Model S the best car — ever. With a score of 99 out of 100, the publication hinted at the future of vehicles when it stated that the Model S outrated all other vehicles “even though it’s an electric car. In fact, it does so because it is electric.”

Sell in May? I don’t think so.
“Sold too soon” is a common sob story among investors, and I’m not going to let Tesla be one for me. Valuation is nearly impossible for a company with the growth potential of Tesla, and I’m sticking to my long-term investing rules when it comes to this stock. Barring an event of epic proportions (and a good quarter doesn’t qualify), I hold on to my investments for a minimum two-year period, for better or for worse.

Tesla Motors Inc (NASDAQ:TSLA)’s stock may tumble in Q2 — or it may soar. Regardless, I’m in it to win it and believe that Tesla has what it takes to keep electrifying my own earnings for years to come.

The article Tesla Motors: Is It Time to Sell My First Double-Bagger? originally appeared on Fool.com and is written by Justin Loiseau.

Fool contributor Justin Loiseau owns shares of Tesla Motors, but relies on two wheels for his own transportation. You can follow him on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo.The Motley Fool recommends Ford, General Motors, and Tesla Motors and owns shares of Ford and Tesla Motors .

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