SolarCity
pocketed
revenues
of
$25.3m
in
the
final
quarter
of
2012,
compared
to
$20.7m
for
the
same
period
the
year
prior.
For
the
whole
of
2012,
it
swallowed
a
$64.2m
loss
attributable
to
stockholders.
Chief
operating
officer
Peter
Rive
also
acknowledged
that
the
US
budget
“sequester”
will
have
a
short-term
impact
on
SolarCity’s
business,
with
cuts
to
the
Treasury’s
1603
cash
grant
programme
affecting
the
equivalent
of
25MW
in
its
pipeline.
SolarCity
shares
fell
more
than
7%
in
after-hours
trading
to
$17.89,
though
they
remain
up
more
than
63%
since
the
IPO.
But
aside
from
the
short-term
revenue
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