SolarCity Files $201 Million IPO and has been helped by the Solar Panel Glut

Forbes – Elon Musk’s Solar installation startup SolarCity this afternoon filed with the SEC for a $201.25 million initial public offering. For the six months ended June 30, the company reported revenue of $71.4 million, including $51.7 from solar energy systems sales, and the rest from operating leases. That’s up from $20.3 million in the …

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