The Uniparty thought you could subsidize anything, and it would work. They thought poorly.
Green-Pinkos are holding out for more money. Grifters one and all.
A vast number of solar panel companies go bankrupt after Obama provides with millions of dollars in Federal grants.
I read something today, I forgot where, that said that insurance companies are leaning AGAINST insuring electric cars over the fire hazards and the huge expense of replacing batteries in them.
Big Biden Backed Battery Business Boost Bet Becomes Blockbuster Bombastic Bearer Bond Binge
hopefully, all the “green” nonsense is falling down:
20 Oct: CNBC: Analysts bail on solar stocks after SolarEdge warning of weak earnings
https://www.cnbc.com/2023/10/20/analysts-bail-on-solar-stocks-after-solaredge-warning-of-weak-earnings.html
20 Oct: MSN: SolarEdge, rivals hammered after it warns of ‘significantly lower’ profits on weak Europe demand
by Claudia Assis
SolarEdge’s stock dropped 22% ahead of Friday’s regular market open...
“During the second part of the third quarter of 2023, we experienced substantial unexpected cancellations and pushouts of existing backlog from our European distributors,” SolarEdge Chief Executive Zvi Lando said...
https://www.msn.com/en-us/money/markets/solaredge-rivals-hammered-after-it-warns-of-significantly-lower-profits-on-weak-europe-demand/ar-AA1iwV4d#
20 Oct: Globenewswire: SolarEdge Technologies (SEDG) Shares Tumble on Demand Warnings – Hagens Berman Firm Encourages Investors with Losses to Contact its Attorneys
Perhaps even more troubling, SolarEdge revealed the sluggishness will continue for the remainder of the year, as the company said fourth-quarter results would be significantly lower than expected as well, suggesting that decline demand is a long-term challenge...
“We’re investigating whether SolarEdge accurately disclosed the sustainability of its sales practices and true drivers of its past positive results,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in SEDG and have significant losses, or have knowledge that may assist the firm’s investigation, submit your losses now...
Whistleblowers: Persons with non-public information regarding SEDG should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC...
https://www.globenewswire.com/news-release/2023/10/20/2764211/0/en/SolarEdge-Techn
ologies-SEDG-Shares-Tumble-on-Demand-Warnings-Hagens-Berman-Firm-Encourages-Investors-with-Losses-to-Contact-its-Attorneys.html
Hmm. wonder why the Biden “Administration” is giving “significant backing” to a Toronto company. Don’t Toronto companies have their very own country to grift? Or are we just the world’s sucker for a “green” idea with potential kickbacks for Democrats?
Lie-cycle?
SOLYNDRA, REMEMBER
Its a CANADIAN COMPANY?.
The Toronto company owned by the Chinese?.