Elon Musk sacks thousands of workers, Tesla stocks jump to three-month high

Elon Musk sacks thousands of workers, Tesla stocks jump to three-month high

Updated June 13, 2018 10:16:01 Photo: As Tesla burns through cash, its chief executive Elon Musk plans to boost profit by cutting thousands of jobs, or 9 per cent of his workforce. (Reuters: Rashid Umar Abbasi) Although US President Donald Trump claims he held a “tremendous” and “historic” summit with …