Tesla Model S
  • Tesla Model S
  • Tesla Model S

tesla model s
  • tesla model s
  • tesla model s

Tesla Model S
  • Tesla Model S
  • Tesla Model S

Tesla Model S
  • Tesla Model S
  • Tesla Model S

Tesla Model S
  • Tesla Model S
  • Tesla Model S

Tesla Model S
  • Tesla Model S
  • Tesla Model S

Tesla Model S
  • Tesla Model S
  • Tesla Model S

Tesla Model S
  • Tesla Model S
  • Tesla Model S

Tesla Model S
  • Tesla Model S
  • Tesla Model S

  • Image Credit: Tesla Motors
  • Image Credit: Tesla Motors
  • Image Credit: Tesla Motors
  • Image Credit: Tesla Motors
  • Image Credit: Tesla Motors
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.

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