First Solar's $2 Billion Problem

2026-03-02 15:38:04 ET

First Solar (NASDAQ: FSLR) continues to churn out profitable quarters, but the company is playing a dangerous game with subsidies. Most of its gross profit comes from government subsidies, which may not last. And even with those subsidies, the company's backlog isn't growing as you may expect. In this video, I go over both the numbers and the precarious position First Solar has gotten itself into going all-in on the U.S. solar market.

*Stock prices used were end-of-day prices of Feb. 25, 2026. The video was published on March 1, 2026.

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