Maxeon Financials UGLY!

MLG’s preferred and heavily-subsidized solar panel manufacturer Maxeon has released their financials for the 3rd quarter of 2024. UGLY doesn’t begin to describe them. Here’s a link. This is the company she wants to pour $600 million worth of subsidies into? Shipments and Revenue are way down while losses are way up. There are undoubtedly uglier financials out there in corporate America, but few are receiving the kind of financial support New Mexico is poised to give Maxeon.