Quote (Bazi @ 6 Feb 2024 18:26)
Since you like Tesla too it seems, what do you think about them entering the solar space and what might that do to some the current Solar leaders?
Granted their (Tesla) solar roof is INSANELY priced
I need to do some more research but I don’t want to, not respond!
I do invest into both and I think they can go hand in hand. To me Enphase is solar first. Tesla is cars first, but almost like an everything company. (Maybe I’m wrong here?) just seems like Tesla is doing a bit of it all. Not to mention Elon himself recently might spend more time on twitter than anything
I think one being focused on the EV side and the other on the residential, both can see a sector like related move to the upside once they receive the benefit from rates dropping. From my research enphase has the edge with their microinverter. Unless Tesla develops their own and puts it into mass production, I’m not to worried about them overtaking Enphase or anything. Even though their revenue is dropping their margins keep increasing (seems like an inventory issue they been dealing with for a few quarters)
Sorry I’m not use if this answers your question or not.
This post was edited by RatM on Feb 7 2024 12:18pm