Thursday , September 19 2019
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Walmart sues Tesla over dodgy solar service

Summary:
Another day brings news of another Tesla lawsuit. But this time, it's not from a disgruntled consumer. Walmart — the 0bn market cap mega-retailer — has alleged that Tesla’s solar panels caused fires at seven of its stores across the States. You can read the full thing here.The FT’s Mamta Badkar and Richard Waters have done a stellar write-up of the suit, but we thought it was worth picking a few of the more eye-opening paragraphs from the document.First is that after the fires, Walmart said it hired some consultants to visit its solar installations with Tesla personnel, just to check on what might be going wrong with the panels. It didn’t like what it saw:For example, solar panels across the inspected sites contained numerous hotspots--or localised areas of increased and excessive

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Another day brings news of another Tesla lawsuit. But this time, it's not from a disgruntled...

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

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