Daimler Sells EADS Stake to Focus on Making Autos

Daimler AG, which helped form European Aeronautic, Defence & Space Co. more than a decade ago, sold half its remaining holding in the company for 1.66 billion euros ($2.17 billion) to focus on cars and trucks.

Tencent Backs Elon Musk With 5% Stake in Tesla
05:59 - James Albertine, senior auto analyst at Consumer Edge Research, discusses Tencent Holdings Ltd. acquiring a five percent stake in Tesla Inc. He speaks with Bloomberg's David Westin on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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