Walmart sues Tesla over solar-panel rooftop fires [MarketWatch]
Tesla, Inc. (TSLA)
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Source: MarketWatch
Walmart sues Tesla over solar-panel rooftop fires Walmart Inc. is suing Tesla Inc. over a spate of roof fires at several Walmart stores that the retailer alleges were caused by Tesla solar panels. Walmart WMT, -1.55% is suing for breach of contract and alleges “gross negligence” on Tesla’s TSLA, -0.43% part for the fires, which it says all started on the rooftops of several stores in California, Maryland and Ohio that had Tesla solar panels. “To state the obvious, properly designed, installed, inspected, and maintained solar systems do not spontaneously combust, and the occurrence of multiple fires involving Tesla’s solar systems is but one unmistakable sign of negligence by Tesla,” according to the complaint filed on Tuesday. Related: Tesla slips to third place for solar installations in the U.S., Sunrun keeps lead Tesla did not immediately return a request for comment. A Walmart spokesperson said it had “nothing more to add” beyond the complaint. Tesla bought SolarCity Cor
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News
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- Cathie Wood makes almost $100 million on battered tech stock [Yahoo! Finance]Yahoo! Finance
- Billionaire investor Ron Baron says Tesla stock has bottomed out and will 'go up huge' on the promise of more affordable vehicles [Yahoo! Finance]Yahoo! Finance
- Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep losing value and can't sell them fast enough [Yahoo! Finance]Yahoo! Finance
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/25/24 - Form 144
- 4/25/24 - Form DEFA14A
- 4/24/24 - Form 10-Q
- TSLA's page on the SEC website