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$FSLR · First Solar's HUGE $2 Billion Problem
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$FSLR···bearish· hightravis hoium
First Solar's $2B profit mirage: all earnings from expiring IRA subsidies
First Solar's entire $1.5B net income depends on Section 45X manufacturing tax credits worth $2.1-2.2B annually; without them the business loses money. Backlog has fallen 27% YoY…