Liam Denning, Columnist

The Existential Angst of SolarCity

Its debts are mounting and costs are stubborn.

May 10, 2016 at 2:02 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

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If you're involved in the running of a company called SolarCity, one question you really don't want to hear on your earnings call is: "What is SolarCity?"

The existential dread raised by that particular inquiry from an analyst on Monday evening was no doubt heightened by the fact that SolarCity's stock was plummeting 20 percent in after-hours trading.