Walmart and Tesla Settle Lawsuit Over Rooftop Solar Fires
- Issue threatened to undermine Tesla push to revive solar unit
- Suit alleged panels sparked fires at seven or more stores
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Walmart Inc. has settled its lawsuit against Tesla Inc. over fires at more than a half-dozen of the retail giant’s stores.
Walmart sued the electric-car maker and solar company in New York State Supreme Court in August, alleging that its panels sparked fires at seven or more stores. Terms were not disclosed in the filing announcing the deal. Tesla shares rose as much as 1.9%.