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First solar shares plunged wednesday, after ceo mark widmar said the scale and depth of president donald trump 's tariffs were unexpected and pose a significant economic headwind to the. First solar, a leading player in the solar panel manufacturing industry, is facing significant challenges as its stock plummets following the announcement of tariffs imposed by president donald trump. First solar's stock fell over 7.5% on wednesday
This drop comes as investors reacted to the 'significant changes' that ceo mark widmar said president trump's tariffs bring forth for the. Ceo mark widmar said president trump’s tariffs create a significant economic headwind for first solar's (fslr) plants in india, malaysia and vietnam, and the company may need to reduce or. The solar industry has struggled mightily for years to achieve meaningful growth and post net profits.
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