First Solar stock price falls following executive’s comments about tariffs

Wednesday’s first sunshine fell after investors responded to “significant challenges” that CEO Mark Lidmat said to the President Donald Trump Tariffs presented to the manufacturer of the solar module.

Is Company Shares: On Wednesday, more than 7.5%, the first day of the first quarter of the sun, fell first day and held its earnings to discuss.

In this photo description, the first solar logo is displayed on the smartphone screen on February 23, 2025. (Cheng xin / getty images)

Widmar told analysts and investors that the tariffs for the trump card were “presented significant challenges until 2025, which is not known at the beginning of the year.”

In early April, the Trump posted 10% initial charges for certain nations imported from foreign countries imported from foreign countries. The President later announced a 90-day break on mutual tariffs and decided to apply 10% of the countries that did not respond against the United States during that period.

President Donald Trump keeps “mutual tariffs”, while in the White House on April 2, 2025, during the event held at the White House. (Chip Somodevilla / Getty Images)

Trump says he increases China tariffs to stop reciprocal tariffs for other people

Widmar noted that the rates of Levi on India, Malaysia and Vietnam presented the “Significant Economic Headquarters for Our Production Owners” in these countries. “

“Meanwhile, the further 90 days of the efficiency of these tariffs and the use of a 10% universal tariff are partially mitigating the impact, the lower level of the United States will lead to a separate sales.

According to Widmar, his facilities are mainly preparing goods for the United States in Malaysia and Vietnam. He said that in India the factory does it for the country’s domestic market and America.

Widmar has extra “uncertainty” said what would Tariffs: After the 90 days, “it also” challenges “to quantify the exact tariff pace, which will apply to more than the second half of our module.”

The first sun wants to leave the US export from the production site of its India, to lose more weightly in the domestic market of that country, according to the General Director.

Nearly 41% of global capacity came from pure energy last year

At the same time, he said that the company continues to “appreciate the best options for optimizing production in its Malaysia and Vietnam’s” Malaysia “and Vietnam institutions for non-domestic product, but we may be necessary to produce one or twice in those places.”

However, the first man thinks “the long-term prospect of solar demand, particularly in our main market, remains strong,” and the company is “well positioned” according to Widmar.

He quoted the fact that the company is “only at the US headquarters” [photovoltaic] Scale producer “for that belief. He also mentioned that the first blood value will have “fully vertical us in the presence of solar production” in three states and a “large internal supply network”.

Solar energy settings continue to grow in the United States

In the first quarter of the first quarter, the first projected net sales of 2025 will be $ 4.5 billion to $ 5.5 billion, from $ 5.3 billion to $ 5.8 billion. Annual earnings are now expected to be $ 12.50 for each diluted share, compared to $ 17.00 in the previous $ 17.00 border.

The first solar logo appears on this illustration screen in this illustration of Nevada, 2024. (Jaque Silva / NurPhoto via / Getty Images)

This leadership was “subject to a number of assumptions and assessments, including tariffs and other means of trade and 2022, such as tax loans.

First solar production About $ 844.6 million In the first three months of 2025 in net sales. Its net income amounted to $ 209.5 million.