Newslines lets you create cool news timelines about your favorite people and products. Register now!
Elon Musk SolarCity

SolarCity shares jump after Q1 report

7 May, 2014

SolarCity Corp releases its earnings report for the first three months of 2014, showing better than expected returns.  Although the report also shows greater losses, SolarCity shares jump 4% moments after the release, topping off at 16% as the company predicts higher demand and a rise in solar panel installations.  Musk now owns $1 billion in SolarCity stock, making up for the $500 million drop in net worth from Tesla this same day.