By Equity Flux:SolarCity Corp. (SCTY) operates in the industry of specialized semiconductors and is primarily involved in the provision of clean energy, i.e. solar energy. The company was established in 2006 and is based in San Mateo, California. SolarCity provides its solar systems to home owners, businesses and industrial clients.
Elon Musk inspired Robert Downey Jr.’s portrayal of comic-book billionaire industrialist Tony Stark in the “Iron Man” films. The role model for Musk, a billionaire industrialist for real, appears to be Henry Ford.
The Ford Motor Co. founder’s mastery of mass-production made the Model T the first affordable car, revolutionizing transportation. Musk, who named Tesla Motors Inc.’s sedan the Model S as a tip-of-the-cap to Henry’s car, sees himself similarly as an engineer, a tinkerer, a nitty-gritty entrepreneur.
By Deepak Kumar:SolarCity (SCTY) has been one of the best performing solar stocks this year. The company installs solar PV systems on roofs and focuses on residential and commercial customers. It offers third party leasing for the solar installations and finances these installations with privately placed bonds to large institutional investors along with its own capital.
By Stone Fox Capital:After reporting on the extreme valuation of Tesla Motors, Inc. (TSLA) (see Has The Future Changed That Much For Tesla Motors?), another Elon Musk stock soared to levels making Tesla appear cheap.
By Andrew_Keene:Elon Musk-backed energy provider SolarCity (SCTY) has vaulted to new heights in the past two weeks, and has been the standout performer in the solar energy field. Much like the solar industry as a whole, the stock's meteoric rise has been somewhat baffling to many investors.