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Tesla short David Einhorn says Elon Musk should resign over solar panel fires

Key Points
  • On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires at seven of its stores.
  • Tesla short David Einhorn tweeted Friday, "A recall should have happened long ago" and that CEO Elon Musk should resign.
  • Walmart and Tesla said in a statement Thursday that they "look forward to addressing all issues and re-energizing Tesla solar installations at Walmart stores, once all parties are certain that all concerns have been addressed."
David Einhorn
Andrew Harrer | Bloomberg | Getty Images

Tesla short David Einhorn of Greenlight Capital said Friday on Twitter that the electric-car maker's CEO, Elon Musk, should resign after allegations that the company's solar panels have caused fires.

The comments came just days after Walmart filed a lawsuit against Tesla claiming that solar panels it bought from the company caught fire at seven of its stores. Walmart alleged Tesla committed gross negligence, breach of contract and failure to live up to industry standards. It is asking for Tesla to remove its solar panels from more than 240 Walmart locations and pay damages related to the fires.

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"How many solar panels are still defective and could cause fires?" Einhorn tweeted Friday, saying the company "should immediately notify the people who live in and work in buildings at risk."

"A recall should have happened long ago," he tweeted, tagging the U.S. Consumer Product Safety Commission.

Tesla did not immediately respond to a request for comment.

On Thursday, Tesla and Walmart released a joint statement saying they "look forward to addressing all issues and re-energizing Tesla solar installations at Walmart stores, once all parties are certain that all concerns have been addressed.Together, we look forward to pursuing our mutual goal of a sustainable energy future. Above all else, both companies want each and every system to operate reliably, efficiently, and safely."

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