SolarCity Corporation (NASDAQ:SCTY) was dragged into the spotlight this year when Elon Musk, the biggest holder of SCTY stock, made a move to acquire the company using his other firm, Tesla Motors Inc. (NASDAQ:TSLA). The …
Musk, who is chairman of SolarCity and CEO of electric car maker Tesla Motors, bought the shares when SolarCity's stock hit $17.56 per share. That was one of the company's lowest trading prices in three years. Musk's acquisition …
SolarCity Corp. just released its first quarter fiscal 2016 earnings results, posting an earnings loss of $-2.56 per share and revenue of $122.6 million. Currently, SCTY has a Zacks Rank #3 (Hold), but it is subject to change following the release …
SolarCity has had a rough time in the market over the past few months, and for good reason. The company has an exorbitant amount of debt and investors are concerned that it may turn into the next Sunedison. However, others, …
Shares in solar panel installer SolarCity Corp. plunged by over 30 percent Wednesday in early morning trading. The …
SCTY has a pretty good track record. Since its December 2012 IPO, SolarCity stock is up 423%. Visionary Elon Musk of Tesla Motors Inc. (Nasdaq: TSLA) is chairman of the board. And solar power installations is a huge growth industry. …
SolarCity's stock has nearly quadrupled since the company went public in December. Talk about a warm-up. Investors can't seem to get enough of companies that harness the sun's power. Shares of SolarCity (SCTY) soared to an all …
First, we must account for liabilities that investors may not be aware of that make SCTY more expensive than the accounting numbers would suggest. Next, Figures 2 and 3 show the implied stock prices that Tesla should pay for …
SolarCity (NYSE:SCTY) had its estimated target price dropped to $24 by Morgan Stanley in a report issued Thursday …
Tesla Motors Inc. TSLA, -0.40% announced Tuesday that it has made an offer to buy SolarCity Corp. scty which would marry Elon Musk's biggest Silicon Valley startups. Musk is chief executive of Tesla, which makes electric cars and …