5,775 Followers on Owler

SolarCity

SolarCity designs, manufactures and installs photovoltaic solar power systems for homes, businesses and government organizations. Read more

Elon Musk's photo - Co-Founder & CEO of SolarCity

Co-Founder & CEO

Elon Musk

CEO Approval Rating

82/100

Founded:

2006

Status:

PrivateAcquired by Tesla, Inc.

Est. Annual Revenue
Est. Employees
Sector

Renewable Energy

SOLARCITY TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Missing a competitor? Contribute!

Vivint Solar has been one of SolarCity's top competitors. Vivint Solar was founded in 2011, and is headquartered in Lehi, Utah. Vivint Solar competes in the Renewable Energy industry. Vivint Solar generates $338.1M less revenue vs. SolarCity.

Sunrun is a top competitor of SolarCity. Sunrun is a Public company that was founded in San Francisco, California in 2007. Like SolarCity, Sunrun also competes in the Renewable Energy industry. Sunrun has 3,743 fewer employees vs. SolarCity.

Weigh-in!

Help the Owler community know more

Growth Score - 1/1

Is 12,243 a good estimate for SolarCity's Employee count?

SolarCity Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
ILIOSS

Aug 2015

Source »
$10M
ILIOSS offers integrated solutions for the sale of energy, finance, engineering, construction and operation of solar energy systems.
Silevo, Inc.

Jun 2014

Source »
$350M
Silevo manufactures and markets thin-film photo voltaic cells for generation of electricity. 

-

Common Assets LLC

Jan 2014

Source »
undisclosed
-
Zep Solar, Inc.

Oct 2013

Source »
$158M
Zep Solar designs mounting hardware for photovoltaic system integration applications.
Paramount Equity Mortgage Llc

Aug 2013

Source »
$120M
-

These are all the companies that SolarCity has acquired. SolarCity has acquired 5 companies and its latest acquisition was ILIOSS in Aug 2015. ILIOSS offers integrated solutions for the sale of energy, finance, engineering, construction and operation of solar energy systems.

SolarCity Funding History

Since SolarCity was founded in 2006, it has participated in 15 rounds of funding. In total SolarCity has raised $1.7B. SolarCity's last funding round was on Sep 2016 for a total of $305.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Sep 2016
$305M
Equity
May 2016
$227M
Debt
Apr 2016
$150M
Debt
Jan 2016
$160M
Equity
Nov 2015
$100M
-

Since SolarCity was founded in 2006, it has participated in 15 rounds of funding. In total SolarCity has raised $1.7B. SolarCity's last funding round was on Sep 2016 for a total of $305.0M

SolarCity Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

$25M
Oct 21, 2015
Series C
-
$16M
Dec 08, 2014
Equity
-
$7M
Mar 21, 2014
Unattributed
-

These are all the companies that SolarCity has invested in. SolarCity has invested 5 companies and its latest investment was ILIOSS in Aug 2015. ILIOSS offers integrated solutions for the sale of energy, finance, engineering, construction and operation of solar energy systems.

SolarCity News

November 13, 2019Automotive News

Musk regrets SolarCity acquisition, report says

Musk initially defended the $2.9 billion acquisition of the company, saying it was "blindingly obviou... See more »
September 25, 2019St Louis Post Dispatch

Elon Musk knew SolarCity was going broke before merger with Tesla, lawsuit alleges

LOS ANGELES - When Tesla bought SolarCity in November 2016, Elon Musk billed the deal as a match made... See more »
September 24, 2019The Business Journals: Buffalo Business First

Tesla's SolarCity acquisition was a bailout in disguise, lawsuit argues

A group of Tesla Inc. shareholders is suing the California-based company over the $2.6 billion acquis... See more »
September 24, 2019Reuters

UPDATE 1-Tesla's Musk pushed for SolarCity deal despite major cash crunch -lawsuit

Tesla Inc Chief Executive Elon Musk urged investors to approve the 2016 purchase of SolarCity at a bi... See more »
September 10, 2019Automotive News

Musk deposed in class-action lawsuit over SolarCity merger

Shareholders claim that SolarCity was basically insolvent when the companies publicly announced plans... See more »
July 17, 2019Scoop Media

solarcity awarded R&D funding to accelerate clean energy

Auckland, 17 July 2019 - solarcity, New Zealand's leading solar power company has been awarded a Rese... See more »

SolarCity Blogs

September 22, 2016SolarCity Blog

One powerful thing that unites America's reddest city and bluest city

With Election Day just around the corner, political divisiveness across the U.S. seems to be escalati... See more »
September 20, 2016SolarCity Blog

How will the U.S. achieve its climate change goals? Our customers' solar rooftops are leading the way.

This week in New York, energy leaders and experts from around the world are gathering for Climate Wee... See more »
September 15, 2016SolarCity Blog

Shine on, Austin

SolarCity recently announced we're expanding our service territory in Texas, bringing our clean, affo... See more »
September 7, 2016SolarCity Blog

Should you buy or lease solar panels? The answer is yes.

More than a million American families and businesses have installed solar panels - and with each pass... See more »
August 31, 2016SolarCity Blog

Sun-splash: 7 ways that solar panels save water

We all know how important water is. 70% of the Earth is covered by it. Our bodies are mostly water, t... See more »
August 10, 2016SolarCity Blog

The Facts of Light: What is the net carbon impact of a solar panel system?

Solar power is a great way to help you save money on energy, but it's also a great way to help protec... See more »
July 19, 2016SolarCity Blog

7 things that beer can teach us about the future of electricity

The electric grid is changing faster than ever. With the rise of renewables and other technologies, e... See more »

SolarCity Press Releases

September 24, 2017MarketersMedia

Solar Power Installation Environmental Benefits SolarCity Report Launched

A new solar energy report has been launched by SolarCity, explaining the benefits of signing up to th... See more »
August 21, 2017MarketersMedia

Lower Energy Bills SolarCity Full Control Green Lifestyle Report Launched

SolarCity, the leading solar energy provider in America, has launched a new report on the benefits of... See more »
June 18, 2017MarketersMedia

Solar Power Provider Sleek Low Profile Panels Longevity Report Launched

A new report has been launched about the longevity of solar panels by SolarCity. SolarCity is America... See more »
April 18, 2017Blackbird

Solar Energy Panel No Upfront Cost Renewable Residential Home System Launched

View as PDF Print View SolarCity, America's largest solar energy provider, has launched a way for peo... See more »
March 2, 2017NPR

Tesla-owned SolarCity shrunk its workforce by a massive 20% in 2016

In an attempt to shrink costs and preserve cash, Tesla-owned SolarCity has slashed its workforce by a... See more »
December 29, 2016Blackbird

Here's why Tesla is Baird's top stock-market pick for 2017

Tesla Motors Inc., fresh from its $2.6 billion merger with solar-power provider SolarCity Corp. in No... See more »
November 21, 2016PR Newswire

SolarCity Corporation Announces Amendment to 2.75% Convertible Senior Notes due 2018

SAN MATEO, Calif., Nov. 21, 2016 /PRNewswire/ -- SolarCity Corporation (the "Company") (Nasdaq: SCTY)... See more »

SolarCity Videos

April 19, 2016SolarCity Youtube Channel

"The Making of How Energy Gets To You" on YOUTUBE

January 21, 2016SolarCity Youtube Channel

"SolarCity: One minute Install" on YOUTUBE

January 21, 2016SolarCity Youtube Channel

"SolarCity: Solar Kids" on YOUTUBE

December 18, 2015SolarCity Youtube Channel

"The GivePower Foundation: Nepal" on YOUTUBE

November 15, 2015SOLARCITY VIMEO CHANNEL

"SolarCity TownHall 2015" on VIMEO

Cast: SolarCity... See more »
November 13, 2015SOLARCITY VIMEO CHANNEL

"Lyndon's Town Hall Summary" on VIMEO

Cast: SolarCity... See more »

Social Media

SolarCity Headquarters

3055 Clearview Way

San Mateo, California94402

650-638-1028

Driving Directions »

Trending Companies

SolarCity Summary

ABOUT

Overview

SolarCity designs and installs photovoltaic solar power systems for homes, businesses, and government organizations. It has grown to meet the rapidly growing installation of solar photovoltaic systems in the United States. The overall US market has gr...

CEO

SolarCity's Co-Founder & CEO, Elon Musk, currently has an approval rating of 82%. SolarCity's primary competitors are Vivint Solar, Sunrun & Trinity Solar.

Frequently Asked Questions about SolarCity

  1. When was SolarCity founded?

    SolarCity was founded in 2006
  2. Who is SolarCity's CEO?

    SolarCity's CEO is Elon Musk
  3. How much revenue does SolarCity generate?

    SolarCity generates $730.3M in revenue
  4. How much funding does SolarCity have?

    SolarCity has historically raised $1.7B in funding
  5. Where is SolarCity's headquarters?

    SolarCity's headquarters is in San Mateo California, USA
  1. How many employees does SolarCity have?

    SolarCity has 12,243 employees
  2. What sector does SolarCity operate in?

    SolarCity is in Renewable Energy
  3. Who are SolarCity's competitors?

    SolarCity's top competitors are Vivint Solar, Sunrun, Trinity Solar
  4. Who has SolarCity invested in?

    SolarCity's has invested in companies such as ZOLA, ZOLA, ZOLA