Bloom Energy Corp.
(NYSE:BE) stock is facing downward pressure on Wednesday following an investigative report published by Hunterbrook Media.
Hunterbrook Capital disclosed that it holds a short position in Bloom Energy, including derivatives, alongside a long position in Nebius Group (NASDAQ:NBIS).
Executive Supply Chain Claims Contradicted The decline follows findings by Hunterbrook challenging statements made by Bloom Energy CEO KR Sridhar regarding the company's independence from Chinese materials.
Sridhar stated during an April 2025 earnings call, "We are not dependent on China for scandium," adding, "there is no China supply chain for us." However, global trade data, corporate filings, and satellite imagery analyzed by the news outlet indicate that the fuel-cell manufacturer continues to rely on Chinese-sourced scandium, said Hunterbrook.
