Founded in 2006, SolarCity is a full-service solar provider for homeowners, businesses and government organizations. It provides solar power system design, financing, installation, energy efficiency and monitoring services. SolarCity's operations are in Arizona, California, Colorado, Hawaii, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Texas and Washington D.C. According to the company's website, SolarCity's founders believe that the environmental impact of energy production is one of the greatest challenges that our planet will face in the near future, and the company aims to alleviate this impact with solar power systems. Their stated mission is to "make solar power the workhorse of the world's energy production...one installation at a time."
Type
Subsidiary
Parent Company
Tesla
HQ
San Mateo, US
Founded
2006
Size (employees)
15,273 (est)
SolarCity was founded in 2006 and is headquartered in San Mateo, US

Key People at SolarCity

Lyndon Rive

Lyndon Rive

Founder, CEO
Robert Kelly

Robert Kelly

CFO
Linda Keala

Linda Keala

Vice President of Human Resources
Chrysanthe Gusis

Chrysanthe Gusis

Vice President andDeputy General Counsel
Aaron Gillmore

Aaron Gillmore

Vice President, Solar Development
Elon Musk

Elon Musk

Chairman and Principal Shareholder

SolarCity Office Locations

SolarCity has offices in San Mateo, Las Vegas, Roseville, New York and in 74 other locations
San Mateo, US
San Bruno, US
South San Francisco, US
Ontario, US
Coventry, GB
Austin, US
Charleston, US
Cleveland, US
Hayward, US
Westborough, US
Philadelphia, US
Newark, US
Gilbert, US
Burbank, US
Rancho Cordova, US
Annapolis, US
Petaluma, US
Windsor, CA
Rocky Hill, US
Norwalk, US

SolarCity Metrics

SolarCity Summary

In total, SolarCity had raised $1.6 b. SolarCity is a subsidiary of Tesla

SolarCity Financials

We estimate that SolarCity's revenue is $126.9 m in FY, 2012 which is a 22.5% decrease from the previous period.
FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$126.9 m$163.8 m$255 m$399.6 m$730.3 m

Revenue growth, %

29.1%55.7%56.7%82.8%

Cost of goods sold

$34.7 m$176.4 m$280.8 m$478.9 m

Gross profit

$39.4 m

Operating expense total

$188.7 m$414.2 m$766.6 m$901.8 m

EBIT

($149.4 m)($335.6 m)($647.8 m)($650.3 m)

Income tax expense

$54 k($24.8 m)($26.7 m)$3.3 m$308 k

Pre tax profit

($37.8 m)($402 m)($765.5 m)($820.7 m)

Net Income

($151.8 m)($375.2 m)($768.8 m)($820.3 m)

Operating cash flow

$417 m

SolarCity Job Categories

SolarCity Online Presence

SolarCity News

SolarCity Company Life

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