NEW YORK ( TheStreet) -- I sat down today to talk about high flying stock SolarCity (SCTY - Get Report) today with Joe Deaux. TheStreet's energy editor. Solar City has become a great trading stock because of the justified hype surrounding one of its main backers, Tesla (TSLA) CEO Elon Musk.But is it a great investment? That's the question I tried to answer for Joe in the video above. In a fundamental case for valuation, there is nothing that can justify SolarCity's extreme $2.6 billion market cap with only a yearly revenue stream of about $15 million. Indeed, in the last quarterly report, losses from SolarCity even eclipsed the worst fears of analysts surpassing $100 million.
Dicker: Elon Musk the Driving Force on SolarCity
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