Roth Capital’s bullish stance on T1 Energy counters claims of regulatory non-compliance, fueling a 42.5 percent weekly gain.
T1 Energy (TE) shares surged 42.5 percent week-on-week, reversing losses after a short-seller report triggered a sell-off. The rally followed Roth Capital’s recommendation to buy shares, dismissing concerns over foreign entity compliance raised by Fuzzy Panda.
Fuzzy Panda alleged T1 Energy’s intellectual property sale to Singaporean firm Evervolt was a workaround for FEOC rules, citing Evervolt’s ties to Chinese solar company Trina Solar. The report claimed 99 percent of Evervolt’s revenue came from Trina Solar. T1 Energy has not publicly addressed the allegations.
Despite the controversy, Roth Capital described T1 Energy as a model for domestic manufacturing under U.S. policy goals. The company reported wider net losses in Q1 but remains a focus for investors amid regulatory scrutiny.