Baird analyst: Tesla Q2 delivery forecast, Tesla and SpaceX may merge

Baird analyst Ben Kallo predicts that Tesla (TSLA. O) will deliver 392900 vehicles in the second quarter, with a total delivery volume of 1.68 million vehicles by 2026. Ben Kallo believes that a merger between SpaceX (SPCX. O) and Tesla is highly likely to occur, expected to take 12 to 18 months, and reiterates his outperformance rating and target price of $522 for Tesla.