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Analyst: Predicts Potential Merger Between Tesla and SpaceX

2026-06-23 16:55

Odaily Baird analyst Ben Kallo predicts 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 vehicles.

The analyst wrote: "We believe a merger between SpaceX (SPCX.O) and Tesla is highly likely, expected to take 12 to 18 months." He also added that the merger of the two companies is the "ultimate direction" and is "clear and compelling, with both companies benefiting from greater scale." Kallo reiterated his "Outperform" rating on Tesla and a price target of $522. (Jinshi)