Renewable energy specialists like First Solar Inc (NASDAQ:FSLR) are feeling the heat following President Donald Trump signing a tax and spending bill, known as the "Big Beautiful Bill." Unfortunately, enterprises associated with clean energy — particularly solar-related companies — don't view the law quite as favorably. On Tuesday afternoon, FSLR stock found itself down more than 5%, with the bulls struggling to find a floor. Still, there could be a high-risk opportunity in the malaise.
Granted, the situation doesn't look at all pleasant for First Solar — let's just keep it on the real here. Late Monday, Trump signed an executive order to fast-track the end of clean-electricity tax credits for solar and wind projects. This mandate eliminates the credits within 45 days after the "beautiful" bill goes into effect, likely before the end of 2025.
