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Walmart Sues Tesla For Negligence After Repeated Solar System Fires

Wednesday, August 21, 2019, 8:16 AM

Walmart Inc on Tuesday sued Tesla Inc, accusing it of "widespread negligence" that led to repeated fires of its solar systems and asking a court to force Tesla to remove solar panels from more than 240 of its U.S. stores. The lawsuit is the latest blow to Tesla's struggling solar business, which it acquired through its $2.6 billion purchase of SolarCity in 2016.
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Tesla electric car catches fire after hitting a tow truck in Moscow

Monday, August 12, 2019, 8:23 AM

A Tesla electric-car caught fire after crashing into a tow truck on a Moscow motorway late on Saturday. Footage of the incident on state TV channel Rossiya 24 showed the car by the side of the road engulfed in flames and thick black smoke. Two small explosions occurred within a few seconds of each other. The accident took place at around 2100 Moscow time.
 
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Tesla needs more time to turn profit; founding engineer steps down

Thursday, July 25, 2019, 8:29 PM

Tesla Inc pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the pioneer of the company's electric batteries, J.B. Straubel, was stepping down from his role as chief technology officer. A quarterly loss was deeper than expected, and despite record deliveries in the quarter, revenue came in lighter than analysts' expectations.

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