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Tesla Agrees to Pay Over $6M to Settle a Solar Roof Class-Action Lawsuit

Tesla company logo in front of a car lot.

Tesla agreed to pay just over $6 million to settle a class-action lawsuit brought by customers who faced sudden Solar Roof price hikes in 2021 after agreeing to have the systems installed at their homes.

The Tesla Solar Roof was formerly known as Tesla “solarglass.” CEO Elon Musk first promoted the system in 2016 as an architecturally appealing roofing product that would generate energy and look just as good as the shingles on a home without solar panels. The glassy, solar roof tile he held up at a presentation for shareholders, while touting Tesla’s then-planned acquisition of SolarCity, was later revealed to be a prop and not a working prototype.

As CNBC previously reported, Tesla Solar Roof customers had signed contracts with the company and prepared to have the systems installed at their homes, when they were surprised by sudden price increases in 2021 that required higher payments to move ahead with their installations.

Read more at News.law

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