Svmuu News: Analysts at BNP Paribas have expressed skepticism about the possibility of a recent merger between Tesla and SpaceX, stating: “The two companies’ heavy cash burn and significant regulatory risks complicate a potential merger between SpaceX and Tesla.”” They noted that the improved investor sentiment toward Tesla driven by merger speculation may be overly optimistic, and they maintained their “Underperform” rating and $280 price target.“We are concerned that Tesla will face challenging KPIs for its autonomous taxi and Optimus businesses over the next two years, which will pose downside risks to its core business before any merger with SpaceX actually materializes.”