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Add oil to the Instant Pot and press the Saute function.
Rub salt and pepper over the roast. Use the Instant Pot to saute each side until the meat is brown all over.
Pour beef stock into the pot, close the lid, and cook on high pressure for 140 minutes.
Once cooked, wait for a natural release or use a manual Quick Release to discharge the pressure.
Add the remaining ingredients and cook on high pressure for 15 minutes. You can use onion soup mix instead of raw onion with your potatoes and carrots to speed up the prep time.
Once finished, wait for a natural pressure release.
Place the roast on a cutting board to rest for a few minutes before slicing.
Serve and enjoy!