Tesla Solar Roof Settlement
Tesla Solar Roof Settlement
Tesla Solar Roof Settlement
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1 Plaintiffs Matthew Amans and Babak Malek (“Plaintiffs”), for themselves individually and
2 on behalf of the Settlement Class, and Tesla, Inc. (“Defendant” or “Tesla”) (collectively, the
3 “Parties”), hereby submit this Addendum to the Class Action Settlement Agreement executed by
4 the Parties on June 26, 2023 (“Settlement Agreement” or “Agreement”), pursuant to Section 10.9
5 of the Settlement Agreement. The Settlement Agreement, along with this Addendum, is intended
6 by the Parties to fully, finally, and forever resolve, discharge, and settle the Released Claims upon
7 and subject to the terms and conditions hereof, and is subject to the approval of the Court. In
9 Whereas, on June 26, 2023, the Parties filed a Motion for Preliminary Approval of Class
10 Action Settlement Agreement seeking preliminary approval of the Settlement Agreement. (Dkt.
11 98.) Section 7.2 of the Settlement Agreement states that “Tesla has provided Plaintiffs with data
12 as on April 24, 2023, regarding the approximate size of the Settlement Class (approximately
13 8,200), the number of cancelled contracts (approximately 5,740), the number of contracts
14 completed at the original price (approximately 1,640), the number of Class Members scheduled
15 to have the Solar Roof installed at the original price (approximately 82), and the number of Class
16 Members who have not responded to Tesla since the April 2021 price increase (approximately
17 738), and amounts paid to certain Class cover certain listed out-of-pocket losses.” (Settlement
18 Agreement ¶ 7.2.)
19 Whereas, while preparing CAFA Notice pursuant to 28 U.S.C. § 1715, Tesla collected
20 and then provided to Plaintiffs updated data regarding the approximate size and statuses of the
21 Settlement Class. As a result, the Parties hereby revise Section 7.2 of the Settlement, to state:
22 “Tesla has provided Plaintiffs with data as of June 29, 2023, regarding the approximate size of
23 the Settlement Class (approximately 8,636), the number of cancelled contracts (approximately
24 6,307), the number of contracts completed at the original price (approximately 1,656), the
25 number of Class Members scheduled to have the Solar Roof installed at the original price
26 (approximately 57), and the number of Class Members who are neither canceled nor have been
27 scheduled for installation (approximately 616), and amounts paid to certain Class Members to
2 estimated size of Settlement Class, Tesla has agreed to increase the Settlement Fund to
3 $6,080,000.00. As such, the Parties hereby revise Section 1.32 of the Settlement to state:
4 ““Settlement Fund” means the non-reversionary cash settlement fund that shall be paid by the
5 Defendant into the Escrow Account within fourteen (14) days of Preliminary Approval in the
6 amount of six million Dollars ($6,080,000.00), plus all interest earned thereon. Payments to
7 Class Members from the Settlement Fund shall be allocated, subject to increase as described in
8 Section 2, below, as follows: (1) an “Automatic Payment Fund of $863,600; (2) a “New Contract
9 Roof Installation Fund” of $2,220,000; and (3) an “Out-of-Pocket Loss Fund” of $1,406,400.
10 The Settlement Fund shall satisfy all monetary obligations of Defendant under this Settlement
13 the Settlement Class Members, any service award, and any other payments or other monetary
15 more than the amount of six million dollars ($6,080,000.00). In no event shall any amount paid
17 Whereas, no further modifications are being made to the Settlement at this time.
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1 CERTIFICATE OF SERVICE
2 I hereby certify that on July 10, 2023, I electronically filed the above document with the
3 Clerk of the Court using CM/ECF, which will send electronic notification of such filing to all
4 registered counsel.
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Dated: July 10, 2023 By: /s/ Eve-Lynn J. Rapp
6 Eve-Lynn J. Rapp
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8 ATTORNEY ATTESTATION
9 I hereby attest that pursuant to N.D. Cal. Civil L.R. 5-l(h)(3), I have obtained authorization
10 from the above signatories to file the above-referenced document, and that the above signatory
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Dated: July 10, 2023 By: /s/ Eve-Lynn J. Rapp
13 Eve-Lynn J. Rap
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