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Barchart
Caleb Naysmith

Disney’s Q2 Movie Losses Might Hit $100,000,000? Was Elon Musk Right That Bob Iger Needs to Be ‘Fired Immediately’

Disney (DIS) has been the target of many attacks in recent years. From a proxy battle with activist investor Nelson Peltz, to a 2023 spat with Elon Musk, Disney continues to struggle. Following Disney’s decision to halt advertising on X, Elon Musk said Bob Iger should be “fired immediately” because “Walt Disney is turning in his grave.” After that, Nelson Peltz lost a proxy battle in 2024 to replace Iger and restructure leadership of the company. 

But since then, Disney continues to struggle across many key verticals. 

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