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With Nelson Peltz\u2019s ongoing battle for a Walt Disney Co. board shake-up to come to an end shortly, Elon Musk has taken to X (formerly Twitter) to share his support for the investor.<\/p>\n
This morning (April 3) Musk posted online<\/a> that Pelz, the CEO of Trian Fund Management, \u201cshould definitely be on the Disney board!<\/p>\n \u201cHe would reform the company, improve the quality of product and generally serve in the best interests of shareholders, as he has done at many other companies.<\/p>\n \u201cThis would significantly improve Disney\u2019s share price.\u201d<\/p>\n He then goes on to say he\u2019d buy shares in the major entertainment conglomerate if Peltz was to be elected, citing his \u2018excellent\u2019 track record.<\/p>\n While I don\u2019t own any Disney shares today, I would definitely buy their shares if Nelson were elected to the board. <\/p>\n His track record is excellent.<\/p>\n \u2014 Elon Musk (@elonmusk) April 3, 2024<\/a><\/p>\n<\/blockquote>\n Musk\u2019s comments come as the results of the shareholder vote to select the board members are expected to be announced later today. Sources told Reuters <\/a>that enough votes have already been cast for Disney to safely defeat Peltz.<\/p>\n It was back in October when the fresh push for seats was first made public, with both Trian and Blackwells arguing new blood was needed in the boardroom.<\/p>\n This is not the first time the Tesla CEO has publicly criticized Disney. In November, Walt Disney CEO Bob Iger said the company won\u2019t be advertising on X<\/a> anymore due to Musk agreeing to an antisemitic tweet. Other advertisers left the site too, including the likes of Apple, IBM, and Coca-Cola.<\/p>\n After that moment, Musk hurled a profanity-filled statement to the advertisers leaving the platform saying: \u201cIf someone\u2019s going to try to blackmail me with advertising, blackmail me with money, go f*** yourself.\u201d<\/p>\n A few f*** you\u2019s followed and at one point he added the words \u201chey, Bob.\u201d<\/p>\n In December, he took to X again and branded Disney\u2019s content as \u2018unwatchable\u2019: \u201cDisney has a major content problem. Almost their entire upcoming slate is unwatchable.<\/p>\n \u201cThey are the world\u2019s biggest example of go woke, go broke lol.\u201d<\/p>\n Excited to join @Disney<\/a> as their Chief DEI Officer. <\/p>\n Can\u2019t wait to work with Bob Iger & Kathleen Kennedy to make their content MORE woke!<\/p>\n Even the linguini.<\/p>\n \u2014 Elon Musk (@elonmusk) April 1, 2024<\/a><\/p>\n<\/blockquote>\n He even incorporated the brand into his April Fool\u2019s joke on Monday.<\/p>\n Featured Image: Image by Riki32<\/a> from Pixabay<\/a><\/strong><\/em><\/p>\n<\/p><\/div>\n\n
Elon Musk\u2019s criticism of Disney and Bob Igor<\/b><\/h2>\n
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