Tesla Solar Credit Fraud Press Release

LOS ANGELES, CA, UNITED STATES, March 17, 2021 /EINPresswire.com/ — Tesla faces a slew of lawsuits in California over its credit-reporting of customers who have a Solar City Power Purchase Agreement Contract. See, for example, Chaine v. Tesla Energy Operations, Inc., (Central District of California, Case No. 2:20-cv-09082-JFW-GJS.

Many Tesla customers were originally customers of Solar City, a company started by relatives of Tesla’s Elon Musk. Solar City’s contracts provided that consumers would pay for their solar energy based on energy usage measured in kilowatt hours. Before 2016, Solar City either did not credit-report its customers’ accounts to the credit bureaus, or would report only whether the customers were current on their monthly payments.

In 2016, Tesla Energy officially acquired Solar City. Beginning in 2020, Tesla Energy began credit-reporting on Solar City customers estimates of solar payments over a period of 20 years. Tesla Energy customers woke up to find Tesla Energy balances on their credit reports with very high five-figure sums, often exceeding $50,000.00.

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