Biden Joins 2020 Race as Dem Front-Runner, Wedbush Says Chipotle on Track, Tesla Could Seek Capital
Joe Sobczyk, Bloomberg News Senior Political Editor, discusses former VP Joe Biden joining the race for the 2020 Democratic presidential nomination, positioning himself as the only candidate who can defeat President Donald Trump. Nick Setyan, Restaurants Analyst at Wedbush, explains why he thinks Chipotle stock is “on track” despite the company reporting it received a subpoena related to an outbreak of customer illnesses last year. Dana Hull, Bloomberg News Technology Reporter, talks about Tesla CEO Elon Musk reopening the door to seeking capital after posting a bigger-than-expected loss for the first quarter. Bloomberg Businessweek Editor Joel Weber and Bloomberg Businessweek Assistant Managing EditorJim Ellis talk about this week’s cover story of Businessweek Magazine on why Gen Z is about to upend consumerism. And we Drive to the Close with Masakazu Takeda, Portfolio Manager of the Hennessy Japan Fund. Hosts: Carol Massar and Vincent Cignarella. Producer: Paul Brennan