Why I Sold Some of My Tesla Stock

I'm a buy-and-hold investor at heart who likes to let my winners run. That means I usually don't sell stocks after a big run-up since I'm banking on even greater gains in the decades ahead. However, that's not a rule set in stone but more like a guideline. If a stock soars to an uncomfortable level, I will sell.

That's exactly what I did with a portion of my Tesla (NASDAQ: TSLA) position earlier this week. Here's why I decided to cash in on some of my Tesla stock.

Image source: Getty Images.

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Source Fool.com