Financial PerformanceEBITDA guidance was significantly reduced due to lower target module production, reflecting financial challenges.
Interest Rate RiskInterest on the note increases by 3% every 60 days if conversion doesn't occur within specified deadlines, which could lead TE to replace the note with a new unsecured note.
Tariff ImpactTariff uncertainty is impacting TE's production forecast, leading to a reduction in expected module production.