T1 Energy shares drop after short seller alleges regulations non-compliance

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Fuzzy Panda is short T1 Energy (TE)

May 19, 2026 8:45 AM EDT

(Updated - May 19, 2026 8:48 AM EDT)

Short seller Fuzzy Panda said on Tuesday they are short T1 Energy (TE):

We are Short T1 Energy (TE), a failed battery SPAC who pivoted and bought a solar module manufacturing plant from a Chinese solar producer, Trina Solar. T1s stock is not only fully pricing in continued US tax credits but investors have mistakenly begun confusing T1 as an AI infrastructure play. T1s sales do NOT come from AI datacenter customers, instead, 99.9% of Q1 sales came from the Chinese solar company that originally spawned T1, Trina Solar. We... More