TE

T1 Energy

TE
NYSEIndustrials
$8.50
USD
+0.03(+0.35%)
At close: Jun 12, 20:00 UTC

Open

$8.45

Prev. Close

$8.45

High

$8.52

Low

$8.44

Market Snapshot

Market Cap

$2.37B

P/E Ratio

-6.2

EPS

-3.07

Revenue

$67.59M

Employees

562

Why TE moved

T1 Energy faces scrutiny after allegations of misleading investors regarding its sourcing practices from Trina Solar, prompting a significant decline in investor confidence.

About

T1 Energy, Inc. engages in developing battery solutions. The company is headquartered in Austin, Texas and currently employs 562 full-time employees. The company went IPO on 2020-01-10. The firm is engaged in building an integrated United States supply chain for solar and batteries. The company is involved in solar manufacturing with a complementary solar and battery storage strategy. The firm produces photovoltaic (PV) solar modules for the Utility-Scale, commercial and industrial (C&I) and residential markets in the United States from its first operating facility, the G1 Dallas solar module Gigafactory in Wilmer, Texas.