NasdaqGS:FSLRSemiconductor
First Solar (FSLR) Is Down 6.5% After Tesla Details Massive Solar Manufacturing Push - What's Changed
In recent days, analysts at BMO Capital moved First Solar to a neutral stance after Tesla outlined plans to build a large-scale, vertically integrated solar manufacturing base that could intensify competition in photovoltaic modules.
This shift highlights growing concern that a new, integrated entrant with very large planned capacity could alter industry pricing power and pressure established players’ positioning.
With shares recently experiencing a 6.54% seven-day decline and a 10.18%...