Tesla: $500 Million Cash Added To Balance Sheet With SolarCity | Stock News & Stock Market Analysis - IBD

Tesla: $500 Million Cash Added To Balance Sheet With SolarCity | Stock News & Stock Market Analysis - IBD

The blog post said SolarCity will also transition to loans and cash transactions as opposed to leases, which will "significantly improve SolarCity's GAAP revenue and profitability." SolarCity has obtained about $1 billion in solar project financing since July 1.

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