Ok my reply from my experience. Solar City is 100% a scam. Just give them a call and have them sell you a sack of lies. You will then short the very next day. I guarantee that. Better yet download their contract and read it carefully. All the lies are there, they are just hidden with plays on words. ABSOLUTELY the worst company that has EVER existed. Their lies exceed comcast, Verizon, dish direct, ATT, and your local Jewish Bazaar. Anything to make a buck, that is their motto. Sell them a sack of lies and do it quickly before they find out is what they tell their salesforce. They are worse that flys on S--T at meal time. My motto " if their lips are moving they are lyin'. I dare ya to click or give them a call. I have seen it, lived it and in no way would I EVER endorse it. #$%$ of the earth is too kind for this company. You are correct I am mad, and I have made many times my money to pay for my MISTSAKE for letting them in the door. I will not stop until they are gone. It appears they are heading that way. In 3 moths when they are found to have lied again to the investment community, it will be the last nail in the coffin, and only then will I consider to stop bashing them. I may not even stop then, I just won't be able to do it here because it will go to the pink sheets before it goes away for good.
Sentiment: Strong Sell
Good for you, still solar has many downfalls. I was an idiot! I admit I was an idiot., but I will save all the other idiots who have been contacted solar city. It a SCAM folks
Possibly, BUT you did not buy it from solar city. If you did you were taken for 25% higher than a local guy. You also did not fall for the lease / ppa trap. In addition what happens in 10 years when your panels loose 15% production, and more from there forward. Also , how about the inverter. Its lifespan is less than 10 years, and they cost from 3 to 5K. I am afraid my friend that even a purchase has little benefit in the your long term goals to save a few bucks near term. One thing for sure Solar City is a scam and they will not be around long. They may have 20 years with all the people that were suckered into a lease/ ppa, but remember they have already sold those leases and derive nothing from them. Without Gov't subsidies they are doomed. In addition when the utilities finally get too much capacity from robbing solar customers, they will impose the end of net metering , making solar the best worst mistake you ever made. That is what has happened in Nevada , arizon and Hawaii,and its coming to you quickly.
If solar were truly beneficial for more than 5% of electric users EVERYONE would sign up in a month. There would be no need to act like beggars at home depot, come door to door, or make cold calls. Solar would sell itself! A dozen people could flood the world w solar if it was beneficial for the average man. Truth be told is its 100% not. Most people who have it are embarrassed to say they did not save money. They will argue, but they won't pass it along to their neighbors, because the sales model is 100% lies. Only solar city will benefit by loading your roof with panels to make money for themselves. You will save nothing or $5 per month, if you are one of the few lucky ones. Hardly worth it.. If you have an electric only bill of $100 you will loose money, at $150 you will save $10 a month, at $200 you might hit $20. The reality is that only pot growers who use $500 a month of electricity save enough money to warrant a 20 year lease on your home. In the end your home will be worth less because the next person buying it will not be growing pot. Instead of having a $500 electric bill, they will be a normal couple who uses $125. They will not be willing to assume your $400 per month lien. In reverse if a normal couple has a $110 a month bill from solar, a pot grower will never want a house where he has to pay solar and the utility. Ditto the 2nd home buyer, why would he want a house where he pays $150 a month and he only uses it 4X a year. The traveler who is seldom home does not want this either. In the end you windfall solar experiment will go south on you quickly and soon enough you will get that sick feeling that you mad the biggest mistake of your life. This is why eventually this stock will go the way of the other solar companies who rode the wild west of solar. I stay short and wait for 0, and that will come as soon as the Gov't subsidies run out. That may be when Trump talks office and cleans house on all of obamm's give awas to buy votes and power.
wait dilbeck. If the shorts don't cover there will be no buyers at all. The only reason this is going up because of shorts covering.. Once that dries up, guess what , down to 15 or lower. There has to be a seller and a buyer remember. The shorts are the only buyers, and anyone who has any sense is selling it to them.
You fail to realize the weirdos that think owing this scam company will somehow help them be green. Get some panels then you will be short on the very 1st month when you get your first bill for your free panels. There is a sucker born every day, but on this stocks ownership there is a sucker born every minute, norI imagine owning this stock, but I did sell more naked calls today.
I love the foolish behavior of a predictable movement. If I didn't hate this company so much I would have gone long and made money both ways, but alas I just need to stay on the short side.
yes it is all well know. That is why with a trump kinna of guy in office we may have a fighting chance to stop the crime. Not saying its so. but at least its a fresh start and he can't be bought. maybe Musk and Rive will do prison time and
end up on American greed tv show.
It is not as far fetched as one would think, and deserving for Musk the gov't blood sucker of taxpayer money. Lyin' Elon is going down either way and his right hand chamber boy Lyndon rive is going down also. It's pure crime at its ugly roots.
yep the industry lease or ppa model is a scam, so yes its a sure thing that I will take that bet, Oops I already did by shorting solarcity at 60. Thanks solar city for ripping me off with your panels , all the while alerting me of your. Scam. Had I not been ripped off with solar panels then I would not be here making money.
No lavi he gives it to them. Why not he is paying for it. That's what they told me. They actually made this statement. Why not buy a Tesla , you are paying for the power and not using it. After that I went to war with them and am at war with them. If i could only tell you the damage I have and will cause. They are 100% scam , #$%$ , of the earth.
Sentiment: Strong Sell
Do the math. You forgot to add ion the 2.9% esculator which equates to 70% higher in the next 20 years. It also means that you will have paid 112K over that 20 year period for your panels. and you will have nothing to show for it. They scammed you also. They also have stolen you 30% govt rebate, so your panels if purchased would have cost you about 18K, all the while you will be in them $112K . If I were you I would call my district attorney, you have been scammed
true enough most people are happy, but they weer born stupid and live happily stupid ever after. Is a car lease a scam (yes) but at least you get to drive a new car every 3 years. with solar you have a 20 year dinosaur and you pay 3x what it would have cost to buy. In addition your Solar city lease or ppa will be far more than you ever paid your utility