underperform

$TSLA MERGER SKEPTICISM RISES AS BNPP MAINTAINS $280 TARGET 🔥

Target: 280 🚀

BNP Paribas sees the Tesla‑SpaceX merger as highly unlikely given combined cash burn and regulatory risks. Their $280 price target implies significant downside from current levels, and they highlight that improved sentiment from merger speculation is likely overdone. The next two years bring serious KPI challenges for autonomous taxi and Optimus, threatening core earnings before any deal materializes.

Volume and structure remain weak on the daily, with the stock failing to hold recent support. Are you betting on the merger or respecting the analyst's thesis?

Not financial advice. Always manage your risk.

#TSLA #Bearish #Underperform #MergerRisk

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