How to Play Tesla (Nasdaq: TSLA) Stock Now

Tesla Motors Inc. (Nasdaq: TSLA) stock is up 622% in the last year and 66% in 2014. TSLA hit another all-time high last week following the announcement of the Tesla Gigafactory, which could revolutionize the lithium ion battery market.

Trading around $250 per share, investors are wondering what to do with Tesla stock.

Money Morning's Chief Investment Strategist Keith Fitz-Gerald joined FOX Business' "Varney & Co." today (Monday) and detailed what he would do with TSLA stock in the short term and the long term.

Check it out here:

(Nasdaq: TSLA) stock has seen a historic run in the past year, and this is how to play TSLA in the short term as it trades near record highs.

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