Opening Bell: May 3, 2018

May 3, 2018
Updated 7mo ago
Tesla CEO Elon Musk conducted a bizarre earnings call with investors and journalists after the company reported its first quarter earnings. Musk ignored questions from certain investors because they were "boring" and "dry." Instead, Musk took questions from Galileo Russell, founder of HyperChange TV, for more than 20 minutes. Cheddar's Nora Ali and Brad Smith sit down with Russell to talk about what is going on with the Tesla CEO. Spotify reported earnings for the first time since going public. The streaming service beat expectations on user growth but posted a loss of $49 million, sending shares down. We discuss what's in store for Spotify moving forward. And Chinese smartphone maker Xiaomi has filed for an IPO. The company plans to go public in Hong Kong, though it's unclear as to when shares will list. Xiaomi's public offering is expected to be one of the biggest IPOs since 2014.