Saturday, October 1, 2022
HomeDigit NewsSEC Investigates Tesla Following Complaints Of Defective Solar Panels

SEC Investigates Tesla Following Complaints Of Defective Solar Panels


The US Securities and Exchange Commission (SEC) is investigating Tesla following a complaint alleging that the company did not disclose the security risks associated with solar panels installed on rooftops. These panels are supplied by Tesla’s SolarCity.

The commission acknowledged that the complaint, which served as the basis for the investigation, was filed by Steven Henkes, a former Tesla employee.

Tesla resolves solar panel fires dispute with Walmart

He contacted the SEC in 2019 after the automaker allegedly ignored his requests to notify consumers and regulators of solar panel safety concerns. One problem was related to defective electrical connectors that could cause a fire. More than 60,000 consumers have been affected by these problems, according to the complaint.

In 2020, Henkes sued Tesla, claiming the company fired him in retaliation for his actions.

.

- Advertisement -
MOBILE

Auto

Two Wheeler

BUSINESS AND FINANCE

Digit News