Elon Musk backs Nelson Peltz in Disney proxy fight: 'His track record is excellent'

Elon Musk on Wednesday advocated for Nelson Peltz in the activist investor’s proxy fight with Disney, saying he "should definitely" get a seat on the entertainment giant’s board. "He would help 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," Musk said on X. "This would significantly improve Disney’s share price." "His track record is excellent," Musk said in a subsequent post. The entertainment giant's sto ...