Walmart drops lawsuit against Tesla over solar panel fires

Walmart has agreed to drop a lawsuit against Tesla over a rash of solar panel fires filed in August, according to a new filing with the New York State Supreme Court. The retail giant had claimed that “years of gross negligence” by Tesla — and its solar panel subsidiary, SolarCity — led to fires on the roofs of at least seven of its stores, causing millions of dollars in damage.

It’s unclear what kind of settlement the two sides may have reached. Tesla and Walmart did not immediately respond to a request for comment.

Walmart’s lawyers had accused SolarCity of adopting “an ill-considered business model that required it to install solar panel systems haphazardly and as quickly as possible in order to turn a profit,” and it claimed the...

Continue reading…