Are First Solar’s Latest Results Good or Bad News for Tesla?
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Barchart
Barchart
On a day when the S&P 500 is down nearly half a percent, First Solar’s (FSLR) stock is up more than 15% in Wednesday trading. The photovoltaic (PV) solar module manufacturer reported Q4 2022 results that were better than analyst expectations. So if you’re a First Solar shareholder, today’s news is music to your ears. However, if you’re a Tesla (TSLA) shareholder, not only are you probably upset about the nearly 3% fall in its share price, but you might also be wondering what this means for Tesla’s solar business. First Solar’s news could be beneficial to all solar energy players, including Tes…