Tesla shares drop below $150, wiping out a year's gains — three days days after Musk sacked 14k people

Tesla shares drop below $150, wiping out a year’s gains — three days days after Musk sacked 14k people Tesla stocks dropped 12.4 per cent this week, hitting their lowest cost in more than a year on Thursday afternoon. The electric vehicle company’s shares hit $149.93 at the close of business on Thursday. Now an entire year’s gains have been wiped out, the Associated Press reports, as the company faces diminishing sales. On 14 July last year the shares were …