February 21, 2023
Tesla Posts “Scary” Chinese Numbers. TSLA reported China sales for the week of Feb. 13-Feb. 19, and the numbers were disappointing yet again. That is, we note: (a) TSLA’s domestic China sales were down -15.1%…
February 17, 2023
How’d It All Begin? So… the entire full-self-drive mistruth/deception, in our view, began with the credibly alleged fraudulent (according to Bloomberg – link) “Paint it Black” video (link) from 2016, which remains on TSLA’s website….
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 13, 2023
What is the Best Measure of Liquidity, and is the Recent “Reckless” Infusion of Liquidity by the Fed the Real Reason Stocks Have Surged Since 2009? In short, looking at the .OLIQ G INDEX on…
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…
February 5, 2023
There has been an Earthquake at Quant Funds that Has Sent Meme Stocks (TSLA + AMC + COIN + GME + BBBY + etc.) Soaring; is it Sustainable? The bears have been decimated this year,…
January 31, 2023
Sell-Side Non-Deal Roadshow Last Week Points to NEM 2.0 Pull-In; Should the “Solar Bears” be Worried? In short, last week, we received a number of requests from institutional solar investors no our opinions around the…
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 30, 2023
While Many Claim the “Inflation Monster” has Been Slayed, with December Services Inflation Spiking and Core PCE Re-Accelerating (Balanced, Modestly, by Goods Inflation Plunging) We Foresee a More Hawkish Powell Later this Week. As is…
January 25, 2023
Commentary from 1/25/23 – PVInsights. “Depressed international solar modules, muted China silicon materials during Lunar New Year holiday January 25, 2023. Polysilicon was roughly flat on Wednesday as the market in China stayed mute amid…
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
Solar Weekly Update – Focus on Nov. Battery Storage Data/China Demand Price Tracker. Applying a modified approach, we detail PV pricing data by substrate (Ex. 3-4), segmented by Chinese and global prices, tracked each Wednesday…
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 18, 2023
Graphite Electrode Prices Give Back (Even More) of the Recent Gains. Below, in Ex. 1, we provide 2023 (i.e., WoW, MoM, YoY, and YTD) pricing gyrations for a number of different graphite electrode substrates in…
January 18, 2023
Commentary from 1/18/23 – PVInsights. “Bullish wafer prices through production cuts lead cell and polysilicon upwards January 18, 2023. Polysilicon prices in China turned higher on Wednesday as strengthening wafer pricing buoyed sentiment, while Chinese…