As if a 350% gain in 2013 weren't enough, Tesla (NASDAQ:TSLA) shares are now hitting all-time highs. What should investors make of the stock at $200?

Tesla had its fair share of obvious catalysts in 2013. Here are just a few:

These catalysts drove the stock's market capitalization to $25 billion, pricing Tesla as a major player in the automotive market. Given the company's wild valuation going into 2014, along with the fact that its 2013 performance is a tough act to follow, is there any oomph left to drive this stock any higher?

In the video below, Fool contributor Daniel Sparks discusses whether Tesla investors should consider selling shares at $200.