Tesla Takes Aim at the World's Biggest Solar Manufacturers
Three years after SolarCity acquired high-efficiency solar module maker Silevo, its new owner, Tesla (NASDAQ: TSLA), doesn't appear to be backing down on plans to expand solar manufacturing. It's Buffalo manufacturing facility, which is being run partly by Panasonic, is now reportedly churning out solar cells and will soon begin producing the company's much-anticipated solar modules and solar roof tiles.
Eventually, says CTO JB Straubel, the plant could make 2 GW annually of solar cells for modules and tiles. That would make it one of the largest solar plants in the world, an aspiration that comes with risks in a highly competitive industry.
Image source: Tesla.
Source: Fool.com
Sunpower Corp. Stock
€0.035
-30.000%
Currently there is a rather negative sentiment for Sunpower Corp. with 6 Buy predictions and 20 Sell predictions..
On the other hand, the target price of 5 € is above the current price of 0.04 € for Sunpower Corp., so the potential is actually 14185.71%.
