Argus Research analyst Bill Selesky has maintained their neutral stance on TSLA stock, giving a Hold rating on April 23.
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Bill Selesky has given his Hold rating due to a combination of factors tied to both Tesla’s strengths and emerging risks. He acknowledges Tesla’s strong position as a leading EV manufacturer with roughly half of the U.S. EV market and notes that recent quarterly earnings benefited from higher deliveries, improved average selling prices, and rising ancillary automotive revenue.
At the same time, he remains cautious because industry-wide EV demand has softened over the past year as government incentives rolled off and consumer interest moderated. He also highlights Tesla’s plans for significantly higher capital expenditures to support autonomous technology and AI-driven initiatives, which could pressure free cash flow and add execution risk, leading him to expect performance in line with the broader market rather than clear outperformance.
According to TipRanks, Selesky is a 4-star analyst with an average return of 8.6% and a 60.07% success rate. Selesky covers the Energy sector, focusing on stocks such as Chevron, Enbridge, and EOG Resources.
In another report released on April 23, Jefferies also maintained a Hold rating on the stock with a $350.00 price target.