I’m sorry, but there is absolutely no reason for Tesla shareholders to push for a merger. Long-term Tesla investors—myself included—have patiently watched the company’s business get on track over the past few years. We’ve navigated countless difficult hurdles along the way: Elon selling shares to fund the Twitter acquisition, the midterm elections, friction with Trump, the long and arduous process of numerous FSD (Full Self-Driving) updates—we’ve endured so much to reach this point. Looking at the credible remarks made by Ashok during the recent earnings call... Tesla is now on the cusp of achieving unsupervised autonomous driving by next spring. The Cybercab is ramping up, and we are about to see a major scale-up, including expansion into numerous cities—something we’ve all been waiting for. The energy business is booming, with orders sold out through 2027, and Optimus is also nearing full-scale mass production. Why, then, should Tesla merge with SpaceX? Perhaps an investor looking for a short-term trade might favor it to capture a premium. But for the many long-term Tesla investors, such a move would only yield a small, one-time premium—just as we are finally on the verge of reaping the true rewards of our investment. The same applies to the question of "synergy." Some say the Roadster is a product of the synergy between Tesla and SpaceX. That’s true—I agree. But my take is that this only proves the two companies can produce fantastic results without actually being a single entity. Synergy between the two firms is already being achieved effectively—without a merger. The reason is simple: the decision-making process for both is funneled through a single point—Elon Musk. Therefore, there is no major cause for concern regarding synergies—even in the absence of a merger. Now is not the time for a merger. I believe that pursuing a merger just as Tesla’s business is on the verge of hitting its stride would be an act of betrayal toward the loyal shareholders who have stood by the company all this time. I urge Tesla shareholders to think carefully. Is it truly in their best interest to actively support a scenario where SpaceX absorbs Tesla? In my view, they should not offer such support—if only to ensure that a proper premium can be secured.