Tesla slides after Walmart sues the company, claiming its solar panels caught fire (TSLA)
|08/21/2019||Posted by BusinessMediaguide.Com under General World News||
- On Tuesday, Walmart sued Tesla’s solar-energy unit alleging that gross negligence by employees in installing solar panels lead to fires in seven stores.
- Tesla shares slid 2% in early trading on the news.
- The lawsuit comes after a rough second-quarter earnings report that hit Tesla’s share price hard and erased $7 billion in market value from the company.
- Watch Tesla trade live on Markets Insider.
Shares of Tesla fell as much as 2% in early trading Wednesday. On Tuesday, Walmart sued the company’s read more >>>