Organization: Tesla's second quarter delivery volume is expected to reach 392,900. There is a possibility of a merger between this company and SpaceX.

Baird analyst Ben Kallo predicts that Tesla is expected to deliver 392,900 vehicles in the second quarter. He added that the total delivery volume of this electric car company in 2026 will reach 1.68 million vehicles. The analyst wrote, "We believe that a merger between SpaceX and Tesla is very likely to occur, and we expect it to take 12 to 18 months." He also added that the merger of the two companies is the "ultimate direction" and "clear and convincing, both companies will benefit from larger scale." In addition to the potential merger with SpaceX, potential catalysts for Tesla include upgrades to Optimus robots, further adoption of fully autonomous driving technology by EU regulatory authorities, expansion of autonomous taxi business in the United States, launch of Tesla Semi trucks, and new products in the energy business. Kallo reiterated his "outperform" rating on Tesla and target price of $522.