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.
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