Takeaway: We are removing TSLA from the short side of Investing Ideas today.

A quick note from Hedgeye CEO Keith McCullough:

The stock is getting hammered today and signaling immediate-term #oversold, so I think this is another good spot to book gains in a name that Van Sciver likes to short AFTER it gets squeezed to lower-highs.

***No change to Industrials analyst Jay Van Sciver's fundamental short thesis on Tesla (TSLA). Click here to read our analyst's original report.