William Blair analyst Jed Dorsheimer has maintained their neutral stance on TSLA stock, giving a Hold rating today.
Claim 55% Off TipRanks
Trade TSLA with leverageJed Dorsheimer has given his Hold rating due to a combination of factors tied to both Tesla’s vehicle and energy businesses. First‑quarter vehicle deliveries modestly trailed market expectations, with weaker Model 3 and Model Y volumes only partially offset by final demand for the soon‑to‑be‑discontinued S and X, underscoring ongoing softness in global EV demand outside China and Tesla’s strategic focus shift toward autonomy over near‑term unit growth.
On the energy side, storage deployments fell dramatically short of both Street and internal forecasts, even after accounting for the usual volatility related to project connection timing. Given that underlying demand for Megapack systems appears robust—especially from AI data centers and grid‑related projects—the magnitude of the shortfall raises questions about execution or visibility, leading Dorsheimer to maintain a cautious, wait‑and‑see stance rather than move to a more positive or negative rating.
In another report released today, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $368.00 price target.