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Why Shares of QuantumScape, First Solar, and ChargePoint Plunged in October
Trump 'Unlikely' to Hurt Rooftop Solar or Tax Credits, Sunrun CEO Says
Sunrun Earnings Reveal 2 Silver Linings for Battered Solar Stocks -- Barrons.com
Short-selling institutions rake in 1.2 billion! Trump's return deals a heavy blow to green energy stocks, is the countdown to the demise of US offshore wind power?
①Trump's return to the White House led to the selling of renewable energy stocks, with Plug Power and Sunrun stock prices plummeting on Wednesday, while financial institutions profited over $1.2 billion. ②In May, Trump declared that if he wins the November election, he will end the United States' offshore wind power projects on the 'first day' in office and terminate subsidies prescribed by the Inflation Reduction Act.
At the time of Trump's victory, wind power stocks suffered heavy selling, with shorts profiting $1.3 billion.
According to Bloomberg's calculation based on a global basket of wind power companies' loaned stocks, the sharp drop in the stock prices of renewable energy stocks this time means short sellers have made a profit of 1.3 billion US dollars on paper.
Will Trump 2.0 be a 'photovoltaic winter'? U.S. Photovoltaic giant: It is unlikely to completely cancel subsidies.
usa photovoltaic giant sunrun's CEO believes that even if Trump wins the US election, it is 'highly unlikely' to completely abolish the 'Inflation Reduction Act' and cancel tax credits for industries such as photovoltaics.
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