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Chinese solar stocks rally on reports Elon Musk's Space X, Tesla staff visited suppliers [CNBC]
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The reports had fueled speculation for potential business partnership. In this article A car travels past photovoltaic panels at the Al Dhafra Solar project, constructed by Electricite de France SA (EDF) and Jinko Power Technology Co. Ltd., in Abu Dhabi, United Arab Emirates, on Tuesday, Jan 31, 2023. Christopher Pike | Bloomberg | Getty Images Shares of Chinese solar panel makers surged Wednesday after local media reported that staff linked to Elon Musk had recently visited several photovoltaic suppliers in China, sparking speculation that a high-profile customer could boost demand for advanced products. The reports fueled talk of a potential business partnership and came days after Musk said he planned to build large-scale solar cell production capacity in the U.S. Shares of China-based JinkoSolar , one of the world's largest panel producers, jumped as much as 20% in early trade , hitting their daily limit, according to LSEG data. Jolywood Suzhou Sunwatt , which makes
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