Solar power

Walmart sues Tesla over solar panel fires

In this image, Elon Musk looks down while standing in front of a microphone. He's wearing a suit with no tie.
Elon Musk on March 2, 2019. Photo: Jim Watson/AFP/Getty Images

Walmart filed a lawsuit against Tesla on Tuesday, alleging that "no fewer than seven Walmart stores" experienced fires due to Tesla's solar panel systems as of November 2018.

Catch up quick: More than 240 Walmart stores have leased or licensed roof space to Tesla for solar panels. The lawsuit says, "Many of the problems stemmed from a rushed, negligent approach" to installation by Tesla. It also accuses energy service company SolarCity, which Tesla acquired in 2016, of using "an ill-considered business model" that installed panels "haphazardly" to "turn a profit."

Tesla launches program for customers to rent solar panels

Tesla launched a new program on Sunday to enable customers to rent solar panel systems.

Why it matters: This is Tesla's latest effort to bolster its struggling solar business lines, and it's part of a wider relaunch of Tesla's solar business that CEO Elon Musk announced via Twitter.