Tesla Stock Forecast | SpaceX Merger Speculation, Q1 Earnings

Tesla trades at $431.65 as of early June 2026, influenced by ongoing speculation regarding a potential merger with SpaceX and increased capital expenditure guidance of $25 billion for 2026. The company’s Q1 earnings exceeded analyst expectations with EPS of $0.41 versus $0.39 anticipated, though concerns persist about rising input costs and the timeline for autonomous vehicle commercialization. Third-party analyst price targets cluster around $395-$407 for the next 12 months, with individual forecasts ranging from $360 to $500.