February 14, 2023
Were TSLA’s Jan. 5th 13.4%-to-17.0% China Price Cuts Simply Not Enough? In short, as detailed in Ex. 1 below, we remind our readers that in TSLA’s most important/profitable market of China, on Jan. 5th, 2023,…
February 9, 2023
Despite a Strong Reaction in the Stock the Day it Reported Q4 Earnings (i.e., Feb. 3rd), with Big River (i.e., X’s Mini-Mill) Reporting Negative EBIT in Q4, as Well as Negative EBIT in X’s USSE…
January 31, 2023
Despite Comments to the Contrary from E. Musk on TSLA’s Q4 Earnings Call, Stagnant Lead-Times in China, Despite Sharp Price Cuts, Suggest Tesla Has a Demand Problem in its Largest Market. By way of background,…
January 25, 2023
Why Do We Say the 1Q23 Guide is What Matters? When looking at the period from 4Q22-to-1Q23, the avg. price decline, thus far, is: (a) -13.3% for the USA, (b) -10.5% for Europe, and (c)…
January 23, 2023
2022 Was a Good Year for Canadian Solar; 2023E Appears Set to be the Exact Opposite. In its most recent quarter, CSIQ reported rev/GAAP-EPS of $1.93B/$1.12 vs. Cons’ ests. of $1.86B/$0.30 (a material beat, at…
January 13, 2023
Last Night, as We Warned Would Happen on Monday of this Week, Tesla Engaged in Aggressive Price Cuts in Both the US and EU (as well as Canada). As detailed in Ex. 1 below, and…
January 10, 2023
Tesla’s China Demand Problems Appear to be Metastasizing (it seems, the company will need a bigger price cut). Early this morning, according to ZHU Yulong microblog, we learned that over the Jan. 2nd-to-Jan. 8th timeframe,…
January 9, 2023
Today, we Had the Chance to Catch up with the Head of US Sales from a Top-Three U.S. Solar Distribution Behemoth (details below). Early this morning, for the first time this new year, we had…
January 6, 2023
Are Tesla’s “Midnight Massacre” Chinese (and Japanese) Price Cuts Last Night Much Worse Than Feared? In short, yes. Why? Well, last night’s TSLA China price cuts (Ex. 1) come after: (a) factory production was cut…
January 5, 2023
Based on Details from Sunrun’s $835M Funding Announced Today, we Believe the Residential Solar Space is Looking at “Big Problems” in 2023E. Today, we learned that RUN closed a $835M funding round, consisting of a…
January 4, 2023
Sunrun has Been Under IRS Audit Since 2018, Which is Still Ongoing. By way of background, as per page 32 of RUN’s 3Q22 10-Q filing (Ex. 1), we remind our readers that as of 11/2/22…