SolarCity (SCTY) stock was up more than 5% in Tuesday afternoon trading, at an all-time high despite falling after hours Monday after the company surprised Wall Street by delaying release of much of its Q4 financials. SolarCity is the largest company by market cap in IBD’s No. 1-ranked Energy-Solar industry group. The company said it plans to report its full results on March 3. “While SCTY stock could trade off as investors digest light Q1
SolarCity (SCTY) reports earnings after the closing bell Monday. Another big name in the No. 1-ranked Energy-Solar industry group, First Solar (FSLR), reports Tuesday. SolarCity has been a high-flier — in 2013 SolarCity stock soared 376%, then it rose by nearly another third this year. It hit a record high at 79.99 Tuesday. SolarCity rose 34 cents to 75.86 on the stock market today. And Tesla Motors (TSLA) CEO Elon Musk is SolarCity chairman and
Whatever Tesla Motors CEO Elon Musk reveals in the coming week about building an electric-car battery factory, it’s sure to fuel speculation about where Tesla can go with it, and one other thing: round-the-clock solar power. Synergies between Tesla (TSLA) and cousin company SolarCity (SCTY) don’t end with Musk. Tesla already has started making some battery packs for SolarCity. More insights on synergies might come out when