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  "documentTitle": "Sunrun Inc. (RUN)",
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  "authorName": "Muddy Waters Research",
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  "presentationDate": "2023-10-25 00:00:00",
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  "notes": "The chart highlights 'Proceeds from Tax Equity, Upfront Rebates, Prepayments' within an 'Upfront Cash' column, suggesting a potential mismatch between reported subscriber numbers and tax credit eligibility.",
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      "text": "Does Sunrun receive ITCs based on EIA numbers or (non-GAAP) Subscribers? Or something else?",
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      "text": "Note the critical role Investment Tax Credits plays in financing Sunrun. Does Sunrun receive ITCs based on EIA numbers or (non-GAAP) Subscribers? Or something else?",
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      "text": "Are There Tax Fraud Implications to these Inconsistencies?",
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