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NEW YORK, July 8 - A Wall Street analyst is calling for a 20% rise in Tesla shares, with the upside tied to the prospect of a merger between Tesla and SpaceX, both controlled by Elon Musk.
Some on Wall Street now see a growing probability that Musk's two biggest companies will combine, the report says. The 20% upside call The headline figure is a 20% potential gain for Tesla stock.
The analyst, whose name does not appear in available reporting, ties the move to a merger scenario, meaning the call is contingent rather than unconditional. No deal structure, price, or timeline is disclosed.
The precision of the figure is worth noting. A 20% upside estimate attached to an unannounced event is a probability-weighted view. The analyst is not predicting the merger will happen.
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