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Baird: Tesla and SpaceX Likely to Merge
3 hour ago /
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Author：小编
On June 24, Baird analyst Ben Kallo predicted that Tesla's vehicle deliveries in the second quarter are expected to reach 392,900 units, with total deliveries projected to increase to 1.68 million units by 2026. Kallo also mentioned that a merger between SpaceX and Tesla is highly likely to occur, estimated (expected to) take 12 to 18 months. He believes that a merger is the ultimate direction for both companies and that both would benefit from increased scale after the merger. Additionally, Kallo reiterated his "Outperform" rating for Tesla and set a target price of $522.
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