Identify a potential and realistic M&A target that would fit the TESLA's growth and/or diversification strategy (can be horizontal, vertical and/or conglomerate acquisitions). Clearly justify your choice and the criteria used to make your recommendation. For instance, how big is the target relative to TESLA? What type(s) of synergies exist between the two businesses? Are there any diversification benefits? Is the acquisition risky (i.e., likely to fail)? Is the target already owned by another company, or by a majority shareholder? Does the proposed acquisition comply with relevant competition legislation?

Please input any references and answer in as much detail as you can. A proper answer will be positively reviewed and greatly appreciated.