1. SolarCity Announces Layoffs, Cuts Executive Pay to $1

    SolarCity Announces Layoffs, Cuts Executive Pay to $1

    This is nothing new and is simply a tax evasion mechanism. Steve Jobs did it. Zuckerberg and others are on the bandwagon. There's a whole article from Forbes about this -- nothing "bold" about it...

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    1. We fully expect to grow again in 2017, but we must reduce costs in the short term to be in a position to do so.
    2. We see benefits from a combined solar/storage offering and manufacturing efficiencies, but remain concerned about cash flow and capital needs.
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