Time To Sell Tesla Motors Inc’s (TSLA) Stock?

in focus spotlightMorgan Stanley tapped the brakes on Tesla Motors Inc (NASDAQ:TSLA) Wednesday, sending shares down 4 percent.

In an analyst note, the firm slashed its 2015 EPS estimates for the electric automaker 44 percent, to $2.39 per share from $4.39, citing delayed and reduced delivery expectations for the company’s new Model X vehicle.

But Wednesday’s selloff was just a bump in the road for Tesla, whose stock seems to go in one direction, up. Shares of the company have risen nearly 100 percent in just 12 months.

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Market Vectors Global Alt Energy ETF (GEX)

Top 10 Holdings (62.57% of Total Assets)
Company Symbol % Assets
Eaton Corporation, PLC Ordinary ETN 11.42
Tesla Motors, Inc. TSLA 9.79
Vestas Wind Systems A/S VWS 9.53
SunEdison, Inc. Common Stock SUNE 5.78
First Solar, Inc. FSLR 4.74
Enel Green Power SpA ELPSF.MI 4.63
SolarCity Corporation SCTY 4.19
Cree, Inc. CREE 4.17
Enersys Common Stock ENS 3.84

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