SunPower CEO Tom Werner on Solar Tariffs | VIDEO

CNBC interview with SunPower CEO Tom Werner for a Nightly Business Report


CNBC recently interviewed SunPower CEO Tom Werner for a Nightly Business Report segment on how solar tariffs will impact the solar industry.

The CEO sounded confident that the company’s solar technology and products are the best in the market.

He expressed concern that the new tariffs introduced by the Trump administration on imported solar cells and modules might have an adverse effect on the company’s bottom line.

Stating that because SunPower has factories outside of the U.S., they would be affected by this tariff although they produce their solar panels in the U.S.

Adding that this might mean a reduction in expected income growth for shareholders and job losses for some of the over 1100 people employed by the company.

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