In May 2026, the United States witnessed a remarkable surge in electric vehicle (EV) sales, achieving a record high of 85,000 units sold. This increase occurred despite the recent removal of the $7,500 Federal EV Credit by President Donald Trump, which had been a significant incentive for consumers considering the purchase of electric vehicles. The average transaction price for EVs during this period was reported at $54,532, reflecting a 4% decline compared to the same month in the previous year, 2025. This decline in average price may indicate a growing competition among manufacturers or a shift in consumer preferences towards more affordable models. In addition to the sales figures, the market is currently buzzing with speculation regarding the potential impact of the upcoming SpaceX IPO on Tesla's stock. Investor Gary Black from the Future Fund LLC has predicted that many retail investors who are participating in the SpaceX IPO may choose to sell off their Tesla shares to finance their investments in SpaceX. This sentiment was echoed by investor Ross Gerber, who noted the significant excitement surrounding SpaceX, suggesting that it could lead to a notable sell-off of Tesla stock in the near future. Furthermore, Tesla has announced an update for its Cybertruck, introducing the Actually Smart Summon feature, which allows the vehicle to navigate short distances and parking lots autonomously. This feature is expected to enhance the user experience and further solidify Tesla's position as a leader in the electric vehicle market. Amidst these developments, speculation has also arisen regarding a potential merger between Tesla and SpaceX. Crypto prediction markets have seen a surge in bets, estimating a 24% chance of a merger occurring this year, with a more optimistic 53% chance by May 2027. This speculation reflects the strong connection between the two companies, both led by Elon Musk, and the potential for synergies that could arise from such a merger. As Tesla continues to innovate and expand its offerings, the future of the company remains a topic of great interest among investors and consumers alike.