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Stock impact report

UPDATE 2-Walmart sues Tesla over fires at stores fitted with its solar panels [Reuters]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: Reuters
Walmart sues Tesla over fires at stores fitted with its solar panels - Reuters 2 Min Read (Reuters) - Walmart Inc ( WMT.N ) sued Tesla Inc ( TSLA.O ), saying solar panels supplied by the electric car maker were responsible for fires at about seven of its stores, according to a lawsuit filed in a New York court on Tuesday. The fires destroyed significant amounts of store merchandise and required substantial repairs, totaling hundreds of thousands of dollars in out-of-pocket losses, Walmart said in the lawsuit. As of November 2018, no fewer than seven Walmart stores, including in Denton, Maryland and Beavercreek, Ohio, had experienced fires due to Tesla’s solar systems, according to the lawsuit. “This is a breach of contract action arising from years of gross negligence and failure to live up to industry standards by Tesla with respect to solar panels that Tesla designed, installed, and promised to operate and maintain safely on the roofs of hundreds of Walmart stores,” Walmart said Show less Read more
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