Tesla and Walmart settle over solar rooftop fires


Elon Musk reveals prototypes of the Tesla Solar Roof on October 28, 2016


Tesla has settled with Walmart after its solar rooftop installations caught fire atop seven of the retail giant’s stores.

Walmart sued Tesla for breach of contract in August in a New York state court, accusing Tesla of negligence and faulty installation, and asking the company to shoulder the costs of removing their solar panels from more than 240 Walmart stores to avoid further fires.

In a joint statement, shared with CNBC by Walmart, the companies said on Tuesday:

“Walmart and Tesla are pleased to have resolved the issues raised by Walmart concerning the Tesla solar installations at Walmart stores. Safety is a…


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