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Essay / Solarcity Case Study - 1167
SolarCity has developed relationships with third parties to generate new customers. I purchased 31 shares on January 25, 2016 at $32.06 per share for $993.86. On February 1, 2016, I sold all 31 shares for $35.20 per share and received $1,091.20. I purchased 57 shares on February 16, 2016 for $18.67 per share for a total of $1,065.90. At the end of the three month period, I sold my 57 shares for $32.99 per share for a total of $1,880.43. My trading fees were $6.95 per trade, for a total of $27.80. See “SolarCity (SCTY) 3-Month Stock Tracker” at the end of this document. The Company is engaged in sales and marketing activities through a direct outside sales force, call centers, door-to-door sales force, network of partners of distribution and solar energy. ambassador program. Over the past year, SolarCity management has decided to reduce its sales to government and commercial companies and expand more into the residential sector. The reason is that residential installations allow for higher margins. SolarCity continues to develop its own solar system and component flow. SolarCity management hopes this will help the company