SolarCity is massively in debt .. because that's their whole business. They take money from banks or companies like Google and invest it in solar projects, expecting a reliable return for them and their investor. Debt is the whole point.
Government subsidies are sunsetting as solar is getting exponentially cheaper. It comes down to selective reporting.
The "risks reported to the SEC" are classic fodder for reporters trying to make a story out of nothing. For purely legal reasons, companies will enumerate in the 10-K even the faintest risks to their business to preempt any claims.
SolarCity is massively in debt .. because that's their whole business. They take money from banks or companies like Google and invest it in solar projects, expecting a reliable return for them and their investor. Debt is the whole point.
Government subsidies are sunsetting as solar is getting exponentially cheaper. It comes down to selective reporting.
The "risks reported to the SEC" are classic fodder for reporters trying to make a story out of nothing. For purely legal reasons, companies will enumerate in the 10-K even the faintest risks to their business to preempt any claims.