Core Viewpoint - Tesla's stock has recently been affected by political tensions between CEO Elon Musk and former President Donald Trump, leading to significant volatility in share prices, including a decline of over 5% ahead of a weak Q2 delivery report [1][9]. Group 1: Political Tensions - The conflict began when Musk criticized Trump's new tax bill, calling it a "disgusting abomination," which prompted Trump to label Musk as "crazy" and suggest a review of government subsidies for Tesla and SpaceX [2][3]. - Following Musk's continued criticism of the tax bill, Trump highlighted that Musk may receive more subsidies than anyone else and suggested that without them, Musk would have to shut down operations [3]. Group 2: Impact on Electric Vehicle (EV) Tax Credits - Trump's tax bill proposes the elimination of the $7,500 federal EV credit, which is crucial for making Tesla vehicles more affordable in the U.S. This change could negatively impact demand, which is already facing pressure from increasing competition [3][4]. - The bill includes a "special rule" that preserves tax credits for automakers that haven't sold 200,000 EVs by the end of 2025, which excludes Tesla, GM, and Ford, thereby favoring newer companies like Rivian and Lucid [5][9]. Group 3: Energy Incentives and Growth - Tesla's solar and battery storage units benefit from federal tax breaks, and the removal of these incentives could hinder growth in one of the company's fastest-expanding sectors [4][7]. - Without favorable policies and tax incentives, Tesla's ambitions in solar and battery storage may face significant challenges, impacting its growth strategy [6][7]. Group 4: Market Performance and Valuation - Year-to-date, Tesla shares have declined approximately 25%, while the industry has seen a 20% decline; in contrast, Ford's shares have increased by 14.6% and GM's have decreased by only 2.6% [10]. - Tesla's forward price-to-sales ratio stands at 9.18, significantly higher than the industry average, indicating a valuation concern, especially when compared to GM's 0.29 and Ford's 0.28 [11].

Group 1: Tesla's Stock Performance and Market Expectations - Tesla shares have decreased by 7% from $323.63 to $300.71 ahead of the second-quarter deliveries report [1] - Analysts expect Tesla to report deliveries of approximately 387,000, reflecting a 13% decline from nearly 444,000 a year ago [2] - Prediction market Kalshi forecasts deliveries around 364,000, indicating lower expectations from traders [2] Group 2: Legislative Impact on Tesla - The One Big Beautiful Bill Act, which President Trump supports, is expected to negatively impact Tesla by cutting support for renewable energy and phasing out EV tax credits [4][5] - These legislative changes could reduce EV sales by about 100,000 vehicles annually by 2035, according to Energy Innovation [5] - The bill is projected to decrease renewable energy development by over 350 cumulative gigawatts, potentially affecting Tesla's Energy division [6] Group 3: Financial Implications and Regulatory Credits - Tesla has generated $11.8 billion in sales from automotive regulatory credits since 2015, which significantly contribute to its net income [8][9] - Regulatory credit sales accounted for approximately 60% of Tesla's net income in the second quarter of 2024, highlighting the importance of these incentives [9] - The company relies on federal and state regulations that mandate automakers to sell low-emission vehicles or purchase credits from Tesla [9]

FREMONT, Calif., June 30, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that its Board of Directors, excluding Thurman John (T.J.) Rodgers, unanimously voted to retain Mr. Rodgers as a member of the Board of Directors. The decision followed a recommendation of the Nominating and Corporate Governance Committee of the Board, also conducted without Mr. Rodgers’ p ...

ALBUQUERQUE, N.M., June 30, 2025 /PRNewswire/ -- In its open meeting held June 26, 2025, the New Mexico Public Regulation Commission (NMPRC) approved the unopposed stipulation filed in PNM's 2028 Resource Application. PNM is a wholly owned subsidiary of TXNM Energy (NYSE: TXNM).The approved resources add 450 megawatts (MW) of new solar and battery storage capacity in 2028 to serve customers and continue progress towards the zero-carbon requirements of New Mexico's Energy Transition Act, including: extension ...

Key Takeaways VST plans to achieve net-zero emissions by 2050 through its clean energy initiative. VST has retired 15.1 GW of fossil fuel assets and added 7.9 GW of zero-carbon capacity since 2018. VST shares rallied 38.7% in three months, trading at a premium 25.91X forward P/E.Vistra Corp. (VST) is strategically positioned to benefit from the ongoing clean energy transition, leveraging its diversified generation portfolio and planned investments in zero-carbon resources. The company is accelerating the ...

Core Insights - Scatec ASA has achieved financial close for the "Obelisk" hybrid solar and battery storage project in Egypt, with a total estimated capex of USD 590 million, of which USD 479.1 million is financed by major development banks [1][2] Financing Details - The project financing is non-recourse and represents approximately 80% of the total estimated capex [1] - Scatec has previously secured equity bridge loans of USD 120 million for the project, deferring equity injections until the end of the construction period [4] Project Phases and Capacity - The project will be executed in two phases: the first phase includes 561 MW of solar and 100 MW/200 MWh of battery storage, expected to reach commercial operational date in the first half of 2026; the second phase will add 564 MW of solar capacity in the second half of 2026 [3] - The energy produced will be sold under a 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company, backed by a sovereign guarantee [3] Company Operations - Scatec will provide Engineering, Procurement and Construction (EPC), Asset Management (AM), and Operations & Maintenance (O&M) services for the project, with the EPC scope accounting for approximately 70% of total capex [4] - The company is actively seeking equity partners, with discussions expected to conclude in the coming months [4] Company Background - Scatec is a prominent renewable energy solutions provider, with 6.2 GW of capacity in operation and under construction across five continents [5]

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7, 2025TORONTO, June 5, 2025 /PRNewswire/ - SolarBank Corporation (Nasdaq: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announces that following the filing of its new short form base shelf prospectus, it is proceeding with a renewal of its at-the-market equity program (the "ATM Program"). The Company is requi ...

Stardust Solar Signs LOI for Exclusive North American Distribution of MarkeDroid A.I. Driven Technology with European Union ParticipationMay 27, 2025 8:30 AM EDT | Source: Stardust Solar Energy Inc.Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (FSE: 6330) (OTCQB: SUNXF) (the "Company" or "Stardust Solar"), a leading North American franchisor of renewable energy installation services, is pleased to announce that it has signed a non-binding ...

Ameresco (AMRC) Q1 2025 Earnings Call May 05, 2025 04:30 PM ET Company Participants Leila Dillon - Senior Vice President of Marketing & CommunicationsGeorge Sakellaris - Chairman, President & CEOMark Chiplock - EVP, CFO & Chief Accounting OfficerJoshua Baribeau - Senior Director of Finance & Corporate TreasuryJoseph Osha - Senior Managing Director - Equity Research Conference Call Participants Noah Kaye - Senior Research AnalystGeorge Gianarikas - Managing Director and Senior AnalystKashy Harrison - Senior ...

Oslo/Cairo, 05 May 2025: Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. The energy will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), backed by a sovereign guarantee. The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2 ...