The problem with your reading -with all due respect- is that you are betting against Musk one way or the other. That is a hard bet, even when the guy is not at his best. There is a lot of VC money and contacts moving in the background. ENPH to me is a loner. A nobody with no cavalry. So who is going to plant an article in the wsj with smashing headlines?
I actually agree. Picked the wrong stock too. Sedg aided by Musk and backed by Goldman understands balance sheet maneuvering.
There is something about this PhD's companies. They live in a bubble. In a research bubble. Why don't they close shop and retreat back into any University where they belong and can get free money from the government?