Tesla And Walmart Signal Detente After Retailer Sues Over Solar Panel Fires [Forbes]
Walmart Inc. (WMT)
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Source: Forbes
Tesla And Walmart Signal Detente After Retailer Sues Over Solar Panel Fires Tesla and Walmart say they’re working to resolve problems with rooftop solar panel installations that caused fires at seven U.S. stores after the retail giant sued Elon Musk’s clean transportation and power company over the matter. “Walmart and Tesla look forward to addressing all issues and re-energizing Tesla solar installations at Walmart stores, once all parties are certain that all concerns have been addressed,” the companies said in a joint statement. Walmart filed a breach of contract complaint PlainSite In its complaint, Walmart said flawed connectors were the cause of fires at two stores in California. While the companies are in talks, Walmart’s complaint remains on file with the court, company spokesman Randy Hargrove told Forbes In 2018, Tesla began a quiet campaign, dubbed “Project Titan,” to inspect and replace faulty solar panel parts, Business Insider reported Tesla didn’t immediately comment to
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WMT
Earnings
- 2/20/24 - Beat
WMT
Sec Filings
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- 4/2/24 - Form 4
- WMT's page on the SEC website