The price of the first solar energy shares decreases after the executive director’s comments about the definitions

Solar first shares fell on Wednesday after investors’ reaction to the “great challenges” said by CEO Mark Widmar the President said. Donald Trump The definitions provided to the solar unit maker.

the Company shares More than 7.5 % fell on Wednesday, a day after Solar First Solar issued its financial results in the first quarter and a call for her profit was preserved for discussion.

Widmar told analysts and investors in the call that the Trump administration tariff “made major challenges until 2025 it was not known at the beginning of the year.”

In early April, Trump set a 10 % basic tax for goods imported from foreign countries and “higher individual” mutual definitions on some countries. The President later announced a temporary stop for a period of 90 days on a mutual tariff and chose to implement a 10 % duty during that period to countries that did not diminish against the United States

Trump says he raises China’s tariff, stopping the mutual tariff for others

Wammar said that the original tax rates against India, Malaysia and Vietnam have provided “a large economic wind for our manufacturing facilities in these countries that sell in the American market.”

“While the 90 -day temporary suspension of the effectiveness of these definitions and the application of a 10 % global tariff partially reduces the impact, the low rate will continue to the effect of the harmful total margin meaningful on sales in the United States, which is absent from the duty that is completely transferred to the buyer of the unit.”

Its facilities in Malaysia and Vietnam are largely manufactured by products for the United States, according to Waddar. He said that the factory in India is doing this in the local market in the country and America.

Widmar said the additional “uncertainty” about what will happen With definitions Once the 90 days have passed, “created a challenge to determine the precise tariff rate that will be applied to our stereotypes to the second half of the year.”

First Solar is looking to move away from exports to the United States from its location in India, with plans to circumvent the local market for this country, according to the CEO.

Almost 41 % of global energy came from clean energy last year

Meanwhile, he said that the company continues to “evaluate the best options to improve production” in its facilities in Malaysia and Vietnam “in the environment of the possible US request for non -emitted products, but we realize that we may need more production or inactivity in both of these sites or both, especially if the declared mixed tariffs are placed.”

“The long -term expectations of solar demand, especially in our American primary market, are still strong” and that the company “in a good position” to benefit from it, according to Widmar.

He pointed to the fact that the company is the “residing manufacturer (photovoltaic), which is based in (photovoltaic) in this belief. He also pointed out that the first Solar company will get” a completely integrated American solar manufacturing “in three states and” large local supply chain “by the end of the year.

Solar energy facilities continue to grow in the United States

In issuing the first quarter profits, the net sales of Solar First Solar will be 2025 $ 4.5 billion to $ 5.5 billion, less than $ 5.3 billion to $ 5.8 billion in its previous instructions. Its annual profits for a decrease from $ 12.50 to $ 17.50 will now range, compared to a previous group from $ 17.00 to $ 20.00.

The company said that this guidance “is subject to a variety of assumptions and estimates, including in terms of tariffs and other commercial remedies, and some factors related to the 2022 inflation law” such as tax credits.

The first solar was born Nearly 844.6 million dollars In net sales during the first three months of 2025, a net income was $ 209.5 million.

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