Scalper1 News
Solar stocks have plummeted in tandem with oil prices in recent months, yet some solar company executives and analysts wonder why. SolarCity (SCTY) CEO Lyndon Rive doesn’t see a fundamental correlation between oil prices and the solar industry. “I think people put energy in one big bucket, and oil, of course, falls into the energy bucket,” Rive told IBD. “But you have to look at how electricity is generated. In the U.S., almost no oil is used to Scalper1 News
Scalper1 News