Walmart Inc has settled its lawsuit accusing Tesla Inc of negligence in installi...
FILE PHOTO: A sign is seen outside the Tesla Inc. Gigafactory 2, which is also known as RiverBend, a joint venture with Panasonic to produce solar panels and roof tiles in Buffalo, New York, U.S., August 2, 2018. REUTERS/Brendan McDermid/File Photo
In a joint statement on Tuesday, the companies said they were “pleased to have resolved the issues raised by Walmart” concerning the installations, and looked forward to “a safe re-energization of our sustainable energy systems.” The Bentonville, Arkansas-based retailer said the fires occurred between 2012 and 2018. It voluntarily ended its lawsuit without prejudice, meaning the world’s largest retailer could sue again if something goes wrong.
Tesla, which is better known for its electric cars, acquired the solar business known as Tesla Energy Operations in 2016 when it paid $2.6 billion for the former SolarCity Corp.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Walmart is dropping its lawsuit that accused Tesla solar panels of causing fires at 7 storesWhen it originally filed the complaint in August, Walmart accused Tesla of 'widespread negligence' in installing 240 systems at stores nationwide.
Read more »
Tesla and Walmart settle over solar rooftop firesWalmart and Tesla have settled a lawsuit that the retailer had filed against Elon Musk's renewable energy business in August.
Read more »
Tesla and Walmart settle over solar rooftop firesWalmart and Tesla have settled a lawsuit that the retailer had filed against Elon Musk's renewable energy business in August.
Read more »
Walmart is dropping its lawsuit that accused Tesla solar panels of causing fires at 7 storesWhen it originally filed the complaint in August, Walmart accused Tesla of 'widespread negligence' in installing 240 systems at stores nationwide.
Read more »
The fired CEO of McDonald's has resigned his seat on Walmart's boardWalmart announced Monday that former McDonald's CEO Steve Easterbrook would be stepping down from its board of directors.
Read more »
McDonald's ousted CEO Steve Easterbrook steps down from Walmart boardOusted McDonald’s CEO Steve Easterbrook has resigned from the board of Walmart, effective immediately.
Read more »