Baird analyst Ben Kallo forecasts that Tesla’s vehicle deliveries for the second quarter are anticipated to reach 392,900 units, with total deliveries projected to surge to 1.68 million units by 2026. Kallo suggests that a merger between SpaceX and Tesla is highly probable, with an estimated timeline of 12 to 18 months. He emphasized that such a merger would represent the "strategic pinnacle" for both companies, allowing them to capitalize on enhanced scale and synergies post-merger. Kallo reaffirms his "Outperform" rating for Tesla, setting a target price of $522.
