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Credit Suisse says Tesla remains 'top stock pick'

Plunking down $100,000-plus on a Tesla Model S? A dubious (though probably really fun) investment. Spending about $218 on a share of the company? That might be a far better bet. Credit Suisse Group called Tesla a "top stock pick" in the automotive industry earlier this week. The selling point is the company's battery technology and the prospect of falling lithium-ion battery costs from the gigafactory Tesla is building in Nevada. Specifically, Tesla may be able to bring down battery costs enough to make its electric vehicles price-competitive with conventional vehicles by 2017, all while saving the typical driver about $2,000 in annual refueling costs (excluding any extra spending on tires thanks to a yippee quotient that comes with driving a Model S). Also pushing up Credit Suisse' value of the company is the upcoming introduction of the Model X SUV. Credit Suisse, which has a $325 target price on the company, is making the recommendation after a wild years of ups and downs that ended up with TSLA stock almost exactly where it was 12 months ago (it's actually down about a dollar). That said, shares have jumped more than tenfold since the California-based company went public in 2010, so it's been a very good buy for the long-term investor. Featured Gallery Tesla Model S View 10 Photos News Source: Bidnessetc Green Tesla Electric

Popular Science magazine's Best Of What's New 2012 all ate up with cars

Popular Science has named the winners in its Best of What's New awards, the victors coming in the categories of aerospace, automotive, engineering, entertainment, gadgets, green, hardware, health, home, recreation, security and software. The automotive category did not go wanting for lauded advancements:
Tesla Model S: the Grand Award winner for being "the standard by which all future electric vehicles will be measured."
BMW 328i: it's 2.0-liter turbocharged four-cylinder gets called out for being more powerful and frugal than the six-cylinder it replaces.

Tesla Model S getting minor updates for Summer 2014

New colors, a free trunk shelf and, uh, an ionizer. Not mind-blowing stuff, but they are some of the goodies available soon to buyers of the Tesla Model S battery-electric sedan. So say the fine folks at Teslarati. The California-based automaker is offering an Alcantara headliner upgrade for a tidy $1,500 while widening its choice of colors to include a darker metallic grey. Beyond that, there's the case of the trunk "parcel shelf," which was once a $250 add-on but may become standard equipment. Tesla buyers may also have the option of getting an ionizer, which, for those of us that are scientifically challenged, is a feature in which positive and negative ions are emitted to eliminate bacteria from the vehicle. You will be tested on this later. Tesla is adding these features just as it's coming off yet another record quarter for both sales and production. For the three months ended June 30, Tesla delivered 7,579 vehicles while building a record 8,763 cars. Tesla says it expects to deliver 35,000 vehicles in all of 2014, Tesla said late last month, which means the company's quarterly delivery rate should hit about 10,000 by year-end and then 25,000 by the end of 2015. That means a whole lot of positive and negative electrons. And free trunk shelves.