SolarCity (NASDAQ:SCTY) recently reported very disappointing results for the fourth quarter of 2012. Installations are growing but the company's operating costs are out of control. With more and more competition in the leasing business, is the company in trouble? 

Motley Fool contributor Travis Hoium gives his take on SolarCity and looks at how investors should interpret the weak numbers. 

 

Fool contributor Travis Hoium manages an account that owns shares of SunPower. Travis Hoium personally owns shares of SunPower and has the following options: Long Jan 2015 $7 Calls on SunPower, Long Jan 2015 $5 Calls on SunPower, and Long Jan 2015 $15 Calls on SunPower. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.