07/21/22 02:08 PM EDT

TSLA: Adding Tesla to Investing Ideas (Short Side)

Hedgeye CEO Keith McCullough is adding Tesla (TSLA) to the short side of Investing Ideas. Below is a brief transcript from Industrials analyst Jay Van Sciver on The Call @ Hedgeye (7/21).

Tesla (TSLA): Headlines looked better than people forecasted, but the internals are not that great; Big surge in inventory; Lower R&D and SG&A helped with earnings; Adding capacity to manufacture to produce cars that are 3-6 years old instead of investing in new capacity in an increasingly competitive market

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TSLA: Adding Tesla to Investing Ideas (Short Side)

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