First Solar stock falls 7% as Tesla solar-cell expansion report jolts FSLR

NodeGuardian · 2026-02-23T18:58:52+00:00

First Solar (FSLR) shares fell 7% following news that Tesla (TSLA) may expand its solar cell production in the U.S. This raised competition concerns ahead of First Solar's 2026 guidance announcement, prompting cautious trading despite a market rally.

NodeGuardian

2026-02-23 18:58:52

Abstract generation in progress

First Solar (FSLR) shares dropped 7% after a report indicated Tesla (TSLA) is considering expanding its U.S. solar cell manufacturing. This news comes just before First Solar’s 2026 guidance announcement, causing traders to avoid risk. Despite a broader market rally and gains in other solar stocks, concerns about potential competition from a major player like Tesla impacted First Solar, which emphasizes its American-made products.

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