Jun 17

2015

SolarCity update: Progress and problems

Construction of the massive $750 million solar panel manufacturing plant is approaching the half-way point and SolarCity is starting to hire in anticipation of a phase in of operations early next year.

Meanwhile, the company is losing record amounts of money, its stock price is languishing and federal investigators continue to look at some of its past dealings out of state. New York officials, for their part, continue to thwart efforts to open the SolarCity project to public scrutiny.

Investigative Post