Svmuu News: Baird analyst Ben Kallo forecasts that Tesla (TSLA.O) will deliver 392,900 vehicles in the second quarter. He added that the electric vehicle company’s total deliveries in 2026 will reach 1.68 million units.
The analyst wrote: “We believe a merger between SpaceX (SPCX.O) and Tesla is highly likely and is expected to take 12 to 18 months.” He also added that a merger between the two companies is the “ultimate direction” and that “it is clear and compelling that both companies will benefit from greater scale.”” Kallo reaffirmed his “Outperform” rating and $522 price target for Tesla. (Jin Shi)
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Analyst: Tesla and SpaceX May Merge
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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