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Is Elon Musk's SolarCity in Trouble?

Revenue was up in the fourth quarter but SolarCity is losing a lot more money than investors expected.

By Travis Hoium – Mar 12, 2013 at 2:17PM EST

SolarCity (SCTY +0.00%) 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. 

 

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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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.

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