Tesla founder Elon Musk called Tesla a ‘real’ carmaker after it hit a weekly goal of producing more than 5,000 mass-market Model 3s. Photo: AP

Tesla’s shares drop after embarrassing memo asking US suppliers to return payments is leaked

The electric carmaker, which has announced thousands of job cuts, has been burning through US$1 billion in cash per quarter, or more than US$7,430 every minute

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Tesla founder Elon Musk called Tesla a ‘real’ carmaker after it hit a weekly goal of producing more than 5,000 mass-market Model 3s. Photo: AP
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