Tesla Settles For $6 Million In Solar Roof Price Hike Class Action Suit

Tesla’s Solar Roof was intended to be the aesthetically appealing alternative to conventional roof-mounted solar panels. However, the glassy tiles have seemingly been more trouble than they’re worth for homeowners. The product was at the center of an SEC probe over its potential fire risk. Now, Tesla has settled for $6 million in a class-action lawsuit over price hikes impacting Solar Roof customers.

In 2021, around 8,600 Tesla Solar Roof customers faced steep price hikes after they had signed contracts with the company. CNBC reported that Matthew Amans, the class action’s lead plaintiff, had his roof’s price more than double from $72,000 to $146,000.

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There were similar stories across the country. Customers were free to back out of the deal but had to agree to the hike to get their roofs installed. Over 6,300 customers canceled their orders.