mershaw2001
I'm short the short sellers
I've been staying away from scty for a while. I think that we're taking a beating from the oil issues, and scty tends to drop on earnings (mostly because it runs up prior to earnings). Looks good for tomorrow.
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I'd simply look at it as 73.5c/day. What return can you get on it? Maybe more if you live somewhere with poor solar feed-in returns or if you have real-time pricing and can arbitrage the differentials. But over its life maybe only 6.25kWh usable average, so given charging/discharging losses it might be tough to do anything more than stick it to the man.
What I think is _really_ good about it, is that static storage is a no-lose proposition for Tesla:
- If current electricity pricing continues, with per-kWh pricing of infrastructural costs, static storage economics are good.
- If static storage and solar PV forced pricing to adjust to separate fixed infrastructural costs by Amperage or fixed fee, and only fuel costs by kWh then it will make electric cars cheaper to own.
Analyst Recommendations Today
11/06
Deutsche Bank : reiterates "buy" w/ PT $90
Roth Capital: reiterates "buy" w/ PT $98
JP Morgan: reiterates "overweight" but changes PT from $74 to $72
Baird & Co: reiterates "neutral" w/ PT $83
Raymond : reiterates "outperform" but changes PT from $80 to $75
11/05
Canaccord: reiterates "buy" but changes PT from $95 to $87
11/06
Deutsche Bank : reiterates "buy" w/ PT $90
Roth Capital: reiterates "buy" w/ PT $98
JP Morgan: reiterates "overweight" but changes PT from $74 to $72
Baird & Co: reiterates "neutral" w/ PT $83
Raymond : reiterates "outperform" but changes PT from $80 to $75
11/05
Canaccord: reiterates "buy" but changes PT from $95 to $87
Seems like a very good bet. With climate-change-denier Sen. Inhofe taking over as chair of the Committee on Environment and Public Works, and with Sen. Murkowski of Alaska at the helm of the Energy and Natural Resources Committee, it looks like "drill, baby, drill" is going to be the Congressional direction. A WSJ good article on this yesterday.
Zzzz...
Member
QUOTE: "After representing 36% of total U.S. residential solar installations in Q2 2014—more than the next 50 installers combined—we expect the 33% sequential growth in our residential deployments to lead to an even higher percentage in Q3 2014."
And market share really matters. As long as solar market continue to consolidate, with smaller players becoming uncompetitive due to economy of scale there is a tremendous value in being market leader. And there would be a market for residential solar in US, doesn't matter who won election, democrats or republicans.
And market share really matters. As long as solar market continue to consolidate, with smaller players becoming uncompetitive due to economy of scale there is a tremendous value in being market leader. And there would be a market for residential solar in US, doesn't matter who won election, democrats or republicans.
Maybe, but I would worry a lot, were I an investor in SCTY or any solar stocks, that a change in a retail rate regulation or removal of federal and/or state subsidies could cripple the business. I admit, though, that the solar industry has gotten so big and employs so many people that such changes are increasingly unlikely.
Tell the Walton Family: Stop your hypocritical undercover campaign to destroy rooftop solar. | CREDO Action
Tell the Walton Family: Stop your campaign to make it harder for Americans to go solar. Click here to sign the petition.
The Waltons own a majority stake in First Solar, a Malaysia-based corporation that manufactures large-scale commercial solar arrays that utilities may buy and add to their energy mix to meet state clean energy standards. First Solar is putting a bet on utility-scale solar, which wants to rig the playing field by suppressing residential solar installations. In a nakedly self-serving move, First Solar is working to impose fees on residential households with rooftop solar.[SUP]2[/SUP]
First Solar sees rooftop solar as a competitive threat, and is heavily involved in cutthroat campaigns nationwide to destroy the residential rooftop solar industry and make it harder for Americans to go solar.
Their strategy is already working in Arizona, where residential solar installations dropped 40% after Walton family-supported fees were introduced, leading to unprecedented job losses in Arizona’s solar industry.
Not satisfied with a single state, the Waltons have also given millions to pro-fossil fuel groups like the American Legislative Exchange Council (ALEC) and the Koch brothers front group, Americans for Prosperity, to fund similar anti-clean energy policies across the country.
Tell the Walton Family: Stop your campaign to make it harder for Americans to go solar. Click here to sign the petition.
The Waltons own a majority stake in First Solar, a Malaysia-based corporation that manufactures large-scale commercial solar arrays that utilities may buy and add to their energy mix to meet state clean energy standards. First Solar is putting a bet on utility-scale solar, which wants to rig the playing field by suppressing residential solar installations. In a nakedly self-serving move, First Solar is working to impose fees on residential households with rooftop solar.[SUP]2[/SUP]
First Solar sees rooftop solar as a competitive threat, and is heavily involved in cutthroat campaigns nationwide to destroy the residential rooftop solar industry and make it harder for Americans to go solar.
Their strategy is already working in Arizona, where residential solar installations dropped 40% after Walton family-supported fees were introduced, leading to unprecedented job losses in Arizona’s solar industry.
Not satisfied with a single state, the Waltons have also given millions to pro-fossil fuel groups like the American Legislative Exchange Council (ALEC) and the Koch brothers front group, Americans for Prosperity, to fund similar anti-clean energy policies across the country.
TECHNOLOGY: SolarCitys CEO on competition, pain and having Elon Musk as a cousin -- Monday, November 10, 2014 -- www.eenews.net
I wonder what the new product Lyndon mentioned in this interview is. It is going to be announced today or tomorrow
I wonder what the new product Lyndon mentioned in this interview is. It is going to be announced today or tomorrow
I've been away from this thread for too long, finally catching up! SBenson, I am 99.9% sure that what Rive said/meant is that retained value does not factor in debt service costs. The debt (principal) is accounted for because the cost of the system is accounted for in the RV calculation. The fact that they finance the cost of the systems they build is separate.
Does that make more sense?
Solar City's new awesome CFO just bought 6k shares of SCTY for about 330k
SolarCity CFO buys 6,000 shares - NASDAQ.com
And Solar City just announced they are installing Solar at additional Walmarts in 36 states and are installing 10 additional batter storage units next year to go with the 15 they have installed since early 2013.
SolarCity Announces New Solar Power and Energy Storage Projects With Walmart Nasdaq:SCTY
All time high expected before q1 is over 2015 (my prediction)
SolarCity CFO buys 6,000 shares - NASDAQ.com
And Solar City just announced they are installing Solar at additional Walmarts in 36 states and are installing 10 additional batter storage units next year to go with the 15 they have installed since early 2013.
SolarCity Announces New Solar Power and Energy Storage Projects With Walmart Nasdaq:SCTY
All time high expected before q1 is over 2015 (my prediction)
Perfectlogic
Member
Technically the stock looks like a good buy right now bouncing off that hard support at $50 for the 10th time, really doesn't want to go below that number it seems. The financials are a bit confusing to me though, looking at the data from google finance which shows a large minority interest, 50% higher than their revenue, is this from their leasing contracts or? I would like to hear peoples case for owning the stock, what is the revenue per customer, what kind of profit margin can be expected in the future, are they cheaper than competitors?
jhm
Well-Known Member
Could SolarCity install one solar system on the roof of a shopping mall and sell power to each tenant? If so, they could include storage in the package as well. This could lead to really efficient use of system assets.
Thanks for the post FrozenCanuck… Although not 100% convinced, I think you might be right. The Retained Value definition from the slideshow in footnotes says that it is net of bunch of things including depreciation. So it seems the cost of the asset is effectively taken out of the retained value. Do you have any other references that indicate that the cost of the system is already accounted for in the RV calculation?
Looks like Ben kallo fixed that neutral call this morning
http://www.streetinsider.com/Analyst+Comments/Baird+Upgrades+SolarCity+(SCTY)+to+Outperform/10042162.html
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