tech
February 7, 2026
Chinese solar stocks rally on reports Elon Musk's Space X, Tesla staff visited suppliers
Shares of Chinese solar panel makers surged after a team of staff sent by Elon Musk had reportedly visited several photovoltaic suppliers in China.
TL;DR
- Chinese solar panel maker stocks surged after reports of visits by Elon Musk's staff to photovoltaic suppliers.
- Companies like JinkoSolar and Jolywood Suzhou Sunwatt experienced significant stock price increases.
- The visits reportedly focused on suppliers developing advanced technologies like heterojunction and perovskite.
- The rally is seen as driven by speculation of a potential partnership and increased demand, particularly related to AI energy needs.
- Analysts suggest the move is largely momentum trading, with some warning that stocks may be overvalued.
Continue reading the original article