Nelson Peltz Says That He Connected Elon Musk With Donald Trump: “I Was a Matchmaker”

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As a seasoned gamer with a keen interest in tech and politics, I can’t help but find this news intriguing. Nelson Peltz, the business magnate, has always been an enigma to me. His ability to maneuver in both corporate and political landscapes is nothing short of impressive.

In the springtime, some time before Musk publicly endorsed him, activist investor Nelson Peltz facilitated a meeting between Tesla CEO Elon Musk and President-elect Donald Trump, inviting them both for breakfast at his residence.

At the CNBC’s Delivering Alpha Conference held in downtown Manhattan on Wednesday, Peltz mentioned that Musk is a personal acquaintance of his, and that he and his son Diesel, who is a tech entrepreneur, had the pleasure of hosting them.

Elon spent the weekend at the house, and we arranged a breakfast meeting, which we also extended to Donald. This rekindled their relationship, as stated by Peltz during an interview with CNBC’s Sara Eisen. I acted as a go-between. This happened in late spring, and since then, I believe Elon significantly contributed to Donald’s overwhelming victory. In fact, Elon was so immersed in Pennsylvania that I thought he might become Amish.

Regarding Elon Musk’s recent appointment as a co-leader in the “Department of Government Efficiency,” Peltz expressed optimism.

If Donald provides the chance, he’ll reduce expenses. That’s exactly what we should aim for,” he stated. “We need to lower our costs.

As a gamer speaking about my past experiences, let me tell you I once took on a challenge – a proxy fight with The Walt Disney Co., but it didn’t quite go my way earlier this year. In a playful tone, I joked that if their stock price dips low enough in the future, I might just give it another go! Furthermore, I speculate that they won’t wait till 2026 to appoint a successor for CEO Bob Iger; instead, I expect they’ll make that decision before next year comes to an end.

Peltz stated that index funds had no desire for him to succeed, as they earn substantial profits from Disney. He explained this was the reason he chose not to celebrate his victory, since the stock price dipped back down to the 80s after peaking at $119. However, it’s now approaching the 100-dollar mark again.

When asked by Eisen if there’s a possibility of another attempt on the company, Peltz didn’t dismiss the idea: “Should the stock return to the 80s, I’ll reappear. You can rely on that,” he chuckled, implying his intent.

Regarding the CEO prediction, Peltz stated his conviction that Disney may appoint a successor to Iger in the upcoming year instead of 2026. He also expressed his optimism that Gorman has the necessary skills to identify the ideal candidate for the role.

I’m familiar with Gorman; he’s an exceptional individual who will excel in his role. He’s destined for success and will earn a notable CEO title, according to Peltz. Previously, Iger and Eisner held the CEO position at Disney, and after spending some time there, one might feel like they are synonymous with Walt Disney themselves,” is a possible paraphrase of the original statement.

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2024-11-13 22:55