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Takeaway: Please note we are removing TSLA (short) from Investing Ideas today.

Below is a brief note from Hedgeye CEO Keith McCullough:

"After big stock market corrections like we’ve had (SP500 down 7 of the last 9 weeks and 8 of the last 12 days), it’s prudent to take some short exposure off in high short interest names like TSLA. Happy to add it back to the Investing Ideas list > $355/share as our analyst Jay Van Sciver remains the long-term bear."

**There is no change to our Industrials analyst Jay Van Sciver's fundamental short thesis on Tesla (TSLA).