CompetitionTesla’s competitive Powerwall 3 storage-integrated string inverter is priced far below any price point Enphase can offer, making affordability a higher priority for customers.
Market ShareGlobal solar distributors/installers are shifting away from higher-cost module-level-performance-electronics (MLPE) inverters, opting instead for lower-cost string options, posing significant risk to Enphase.
RevenueENPH missed Q1 revenues and guided down Q2 revenues vs estimates, likely driven by softer US demand.