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

The shares of Solar First fell on Wednesday after the investor’s reaction to the “great challenges” that CEO Mark and Aimar said that president Donald Trump’s tariff was presented to the solar unit maker.

The shares of the company fell by more than 7.5 % on Wednesday, the day after Solar First Solar has their financial results in the first quarter and a call of profit 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

President Donald Trump holds a plan for “mutual definitions” while speaking during an event in the White House garden on April 2, 2025. (Chip Somodevilla / Getty Images)

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

And Wamear said that the original tax rates against India, Malaysia and Vietnam provided “the large economic winds of 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.

The additional “uncertainty” said about what will happen with definitions as soon as 90 days have passed, “I also created a challenge to determine the precise tariff rate that will be applied to our stereotypes’ shipments within 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 “and only our headquarters [photovoltaic] The scale manufacturer “for this belief. He also indicated that Solar First will get” a completely integrated American solar manufacturing “in three states and a” 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 first solar logo appears on the smartphone screen in this illustration in Renault, Nevada, on December 28, 2024. (Jaque Silva / Nurphoto Via / Getty Images)

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 company achieved approximately $ 844.6 million in sales during the first three months of 2025. Its net income was $ 209.5 million.