Core Viewpoint - Shares of Chinese solar panel manufacturers surged following reports of a visit by staff linked to Elon Musk to several photovoltaic suppliers in China, indicating potential demand increase for advanced solar products [1][2][5]. Group 1: Market Reaction - JinkoSolar's shares rose by as much as 20%, reaching their daily limit, while Jolywood Suzhou Sunwatt also saw a 20% increase [2]. - Other solar manufacturers, including Trina Solar and Shenzhen Topraysolar, experienced gains of 8.9% and 10%, respectively, with the CSI All Share Solar Power Equipment Sub-Industry Index increasing by 6.8% [3]. Group 2: Business Developments - Musk's team showed particular interest in suppliers focusing on heterojunction and perovskite technologies, which aim to enhance cell efficiency and potentially lower costs if manufacturing challenges are addressed [4]. - Reports indicated that the visitors were from SpaceX and Tesla, with JinkoSolar confirming the visit but not providing details on business plans [5]. Group 3: Industry Context - The solar sector is currently facing a prolonged price slump and oversupply, which has pressured margins despite leading producers expanding capacity [10]. - JinkoSolar plans to increase its solar wafer, cell, and module capacity in Southeast Asia to over 12 gigawatts by the end of 2030 and operates a factory in Florida with an annual production capacity of about 1.2 million solar panels [11]. Group 4: Future Outlook - Musk's intention to build 100 gigawatts of solar cell capacity in the U.S. suggests a significant opportunity in the solar market, which is currently underestimated [9]. - Despite the recent stock rally, some analysts believe many solar stocks are now fully valued or overvalued, while maintaining a positive long-term outlook for the sector [11].