Nelson Peltz: Matchmaker for Musk and Trump, Skeptical of Market Rally

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Source: Hollywood Reporter
TL;DR Summary

Activist investor Nelson Peltz revealed that he played a role in reconnecting Tesla CEO Elon Musk with President-elect Donald Trump by hosting a breakfast meeting at his home. Peltz believes Musk's support was crucial for Trump's campaign success. Additionally, Peltz discussed his past proxy fight with Disney and predicted that a new CEO will be named next year, contrary to previous expectations of 2026. He expressed confidence in James Gorman's ability to find a suitable successor to Bob Iger.

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