Tesla settles class action lawsuit on Solar Roof price increase

Tesla has agreed to settle on a class action lawsuit over sudden price increases the company pushed on Solar Roof buyers in 2021, CNBC reports. Tesla said it will pay just over $6 million in the settlement, which involves thousands of customers who had committed to purchasing the novel roof-replacing solar shingles product.

According to the court filing, the settlement class included 8,636 customers, 6,307 of whom had canceled their orders. About 1,600 of the remaining customers completed their full contract at the original prices, and the rest are either scheduled for install or are pending. One of the lead plaintiffs had their Tesla contract increase from about $72,000 to $146,000, while others were offered a free Powerwall home...

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