Transportation

Tesla CEO Pushes for New Car Sales Model

CEO Elon Musk said the traditional way cars are sold in the U.S. is dampening the electric automaker’s growth prospects, calling for direct-to-consumer sales.

Tesla CEO Pushes for New Car Sales Model

CEO Elon Musk said the traditional way cars are sold in the U.S. is dampening the electric automaker’s growth prospects, calling for direct-to-consumer sales.

Tesla CEO Pushes for New Car Sales Model

CEO Elon Musk said the traditional way cars are sold in the U.S. is dampening the electric automaker’s growth prospects, calling for direct-to-consumer sales.

Japan's Seibu and Cerberus in boardroom showdown

Private equity giant Cerberus Capital Management LP and Japan's Seibu Holdings will square off in a shareholder vote on Tuesday over the U.S. firm's drive to shake up the board and win more influence.

Boeing raises jetliner demand forecast

Boeing upgraded its 20-year forecast for airplane demand as aerospace firms heading to next week's Paris Airshow look beyond the financial crisis to pin their hopes on Asia.