This is due to defects in the company’s solar panels.

Federal Securities and Exchange Commission (SEC) of the United States has launched an investigation against the American company Tesla due to malfunctions in its solar panels. This was reported on Monday by Reuters with reference to a letter at its disposal.

According to the agency, the US regulator opened an investigation after former Tesla employee Steven Henkes filed a complaint in 2019. According to his letter, Tesla and SolarCity, which merged in 2016, did not notify shareholders about the risks of fire due to malfunctions in solar panels.

In addition, Tesla did not notify its customers that malfunction in electrical connectors could lead to a fire. More than 60 thousand customers of the company and 500 enterprises were affected by this problem, the letter says.

According to the agency, in 2019, the American company Walmart filed a lawsuit claiming that Tesla solar systems, which were installed on the roofs of Walmart stores, led to seven cases of fire. Then Tesla denied the accusations, and later the companies managed to resolve the dispute.