Baird analyst Ben Kallo predicts a likely merger between Tesla and SpaceX within 12-18 months, and forecasts Q2 deliveries of 392,900 vehicles. He reiterates an 'outperform' rating and $522 price target.
According to BlockBeats, on June 24, Baird analyst Ben Kallo released a forecast predicting that Tesla will deliver 392,900 vehicles in the second quarter. He also projected total deliveries of 1.68 million vehicles in 2026. On a broader scale, Kallo offered a striking prediction: a merger between SpaceX and Tesla is very likely, and would take an estimated 12 to 18 months to complete.
Kallo described the merger as the "ultimate direction" and stated that it is "clear and compelling, and both companies will benefit from greater scale." This view highlights the potential synergies between Elon Musk's two major enterprises. He reiterated an "outperform" rating on Tesla and maintained a $522 price target.
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