Tesla Stock

I bought shares of Tesla after the IPO, and accrued a little over 2000 shares. Cost was about $25/share average cost over 3-4 purchases. I cashed out about 1/3 at $62 and then this week I cashed out almost 2/3 at $109/share. Essentially about 4x my purchase price a little over a year ago. Wish I would have purchased more, but I think it was a pretty good deal. Here are some more comments from Jim Cramer about the car and the company. In the past he said it was a buy…he did not say so today, and I agree. I think it is a little over priced right now, and it will come back down to earth. When it does, I’ll buy back in.

http://video.cnbc.com/gallery/?video=3000171268

http://video.cnbc.com/gallery/?video=3000172509

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