BofA Securities analyst John Murphy downgraded shares of electric-vehicle maker Tesla to Hold, but his new target price implies about 17% upside.

Tesla shares have slowed their post-election rally and have underperformed the Nasdaq since the start of the year.

Tesla Inc.’s stock slipped 0.9% Tuesday, after Bank of America downgraded the stock to neutral from buy, arguing that it already reflects the long-term potential of such items as robotaxi and energy storage,

President-elect Donald Trump's proposed tariff policy has raised investor concerns about its potential impact on industries, including electric vehicles (EVs), particularly for companies like Tesla (TSLA).

Financial writer analyzes Tesla, Inc.'s performance, citing issues with declining deliveries, inflated valuation, and lack of growth. Click for this TSLA update.

The analyst also noted in a CNBC interview that Tesla owners paying the additional $8,000 upgrade for existing vehicles to adopt FSD would result in a big boost in profit margin. That would help provide a return on the huge amount of capital Tesla spends on artificial intelligence (AI) infrastructure to develop FSD.