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January 31, 2012 Stock Pick: Tesla Motors, Inc. (TSLA)

Stock Price: $29.57

Tesla Motors goal is to accelerate the world's transition to electric mobility with a full range of increasingly affordable electric cars. Palo Alto, California-based Tesla designs and manufactures EVs and EV powertrain components.

TSLA is a car manufacturer for the new economy, which includes electrice vehicles and overall lesser dependence on oil. Tesla Motors is still emerging onto the scene, but the company has a market cap over $3 billion and is cracking through in the competitive car manufacturing industry.

TSLA has a solid balance sheet for a company that is competing in such a tough industry with total assets of around $700 million and total liabilities of around $400 million. TSLA has cash and short-term investments of over $333 million.

TSLA has a nice chart building since emerging from the $22 level last August. TSLA shares spiked to $35 and are now at $29.57. It looks like TSLA is ready to reach another new 52-week high.

Speculative Score: 3

1 Being the Least Speculative and Most Confident

10 Being the Most Speculative and Possibly the Most Risky


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