Professional
Added to YB: 2026-06-22
Pitch date: 2026-06-18
TE [bearish]
T1 Energy Inc.
Author Info
Fuzzy Panda Research is a short-only research firm. Exposing Stock Promotions, Frauds, BK's is what we do best. Sign up for the newsletter.
Company Info
T1 Energy Inc. provides energy solutions for solar modules and cells in the United States, Norway and internationally.
Market Cap
$2.6B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-46.98
P/E
-5.89
EV/Sales
3.62
Sector
Semiconductors and Semiconductor Equipment
Category
special_situation
T1 Energy (TE) – Whistleblower Series: Internal Docs Expose US Tax Credits Funneled to China + IP Payments Still Going to Trina in FY 2026
TE (update - short): Whistleblower docs allege T1 funneled ~$60.5M of US 45X tax credits to Chinese Trina Solar (labeled 'Chinese Military Co') in FY25 as fake 'trade discounts,' accruing $12.3M more in Q1-26. All 102 licensed patents owned by Trina, not Evervolt; IP royalties still flow to Trina. FEOC/fraud risk; expected FY25 credits haven't arrived, mgmt 'freaking out.'
Read full article (10 min)