Lates News

Baird analyst Ben Kallo predicts that Tesla (TSLA.O) is expected to deliver 392,900 vehicles in the second quarter. He added that the total delivery volume of this electric car company is expected to reach 1.68 million vehicles by 2026. The analyst wrote, "We believe that the merger of SpaceX (SPCX.O) and Tesla is likely to take place and is estimated to take 12 to 18 months." He also added that the merger of the two companies is the "ultimate direction" and "clear and compelling that both companies will benefit from a larger scale." Kallo reiterated his "outperforming the market" rating on Tesla with a target price of $522.