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Tesla Stock Hits $500: Buy, Sell, or Hold? – Motley Fool

Is it time for Tesla shareholders to take their profits after watching shares soar nearly 600% over the past year? This analyst’s answer may surprise you.

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With Tesla(NASDAQ:TSLA) shares hitting new highs during the week (crossing $500 at one point) on news that the automaker will soon be included in the S&P 500 Index, many investors are likely taking a closer look at the stock. Some investors who have missed out on its meteoric rise over the last 12 months are likely wondering if it’s too late to buy into this growth story. Furthermore, shareholders may be considering taking some profits.
While there’s never a way to be certain how any stock will…

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