First Solar (FSLR) Is Down 6.5% After Tesla Details Massive Solar Manufacturing Push - What's Changed
First Solar's stock dropped over 10% in one day and 6.5% over seven days after Tesla announced plans for a large-scale, vertically integrated solar manufacturing base. This news led BMO Capital to downgrade First Solar to a neutral stance, raising concerns about future competitive intensity, pricing power, and contract wins. Investors are now closely watching First Solar's upcoming earnings report for commentary on module pricing and order visibility.
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