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Can Elon Musk and Tesla Stock Keep It Up in 2014? Our Experts Weigh In

Shares of TSLA have been downright stellar this year

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It almost goes without saying that Tesla (TSLA) has been the darling of Wall Street in 2014. Every time skeptics said it couldn’t keep climbing, TSLA stock gave them the middle finger and soared even higher.

tesla-stock-tslaEven factoring in recent weakness — namely, a 35% sell-off from October to mid-November in the wake of three Tesla fires — TSLA has whopping 335% gains in the books. Heck, Tesla stock is up around 10% in the last month alone, even as the broader market has been more or less flat.

The latest catalyst for this hot electric-vehicle maker? The German Federal Motor Transport Authority said the Tesla Model S was cleared of any defect — news that sent Tesla stock up almost 17% in one day.

Still, past performance is hardly an indicator of future performance … and the real question isn’t whether Tesla stock had an awesome year (because, duh, yes) but whether it can continue to deliver sweet returns as we ride into the new year.

So we asked a few InvestorPlace experts just that.

Is Tesla stock a smart buy heading into 2014? Read on to find out whether our top contributors think you should snag some TSLA shares.

Article printed from InvestorPlace Media,

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