CFACT advisor Marita Noon chronicles the boondoggle that is New York Governor Andrew Cuomo’s “Buffalo Billion” initiative, which was designed to feature a SolarCity manufacturing plant. But SolarCity stock has tanked, and the company, of which Tesla owner Elon Musk is a major investor, is facing bankruptcy. More “clean energy” that only cleans out our pocketbooks.
SolarCity, one of the largest installers of rooftop solar panels in the U.S., has been subpoenaed by the Department of Justice as part of an ongoing corruption probe into New York Democratic Gov. Andrew Cuomo’s administration.