Elon Musk Calls for Disney CEO’s Firing as Advertisers Pause Spending
In a recent development, Elon Musk, the CEO of Tesla and SpaceX, has called for the firing of Disney CEO Bob Iger over his alleged participation in the advertising boycott. Musk took to Twitter to voice his concerns, accusing Iger of being involved in the decision to pause ad spending on a platform owned by Musk.
Notable companies such as Disney, IBM, and Apple have suspended their ad spending on X platform, which is owned by Musk. This move comes amidst a growing boycott campaign against the controversial businessman. Last month, Musk faced backlash and boycotts after endorsing an antisemitic tweet. Despite denying its antisemitic nature, Musk apologized for sharing it.
In a recent interview, Musk launched an expletive-laden attack on the advertisers, vehemently defending himself against accusations of antisemitism. He plans to take legal action against Media Matters and has already filed a civil lawsuit against the Center for Countering Digital Hate.
Bob Iger’s return as Disney CEO in 2022 took many by surprise, following a short-lived replacement. During his tenure, Iger oversaw major acquisitions such as Marvel, Pixar, and Star Wars. However, Disney’s share price plummeted under the leadership of Bob Chapek. Additionally, the company faced setbacks at the box office with recent film releases.
Musk accuses Disney of advertising on other platforms known for controversial content. He claims that this hypocrisy reveals a double standard in the industry. Contrary to his expectations, Disney declined to comment on Musk’s remarks.
The feud between Musk and Disney has now become one of the most talked-about topics in the business world. As the controversy unfolds, all eyes are on the outcomes of Musk’s legal battles and whether Iger’s position as Disney CEO will be affected.
As this story continues to develop, stay connected with Aha Lifestyle for the latest updates and comprehensive coverage.
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