retail news in context, analysis with attitude

CNBC reports that "Tesla has settled with Walmart after its solar rooftop installations caught fire atop seven of the retail giant’s stores.

"Walmart sued Tesla for breach of contract in August in a New York state court, accusing Tesla of negligence and faulty installation, and asking the company to shoulder the costs of removing their solar panels from more than 240 Walmart stores to avoid further fires."

While there may be a settlement, details were not disclosed in the announcement, which mostly focused on the notion that safety is a high priority for both companies.
KC's View: