Elon Musk Rivalry With Bob Iger Hits Tesla Vehicles: Disney+ Streaming App Harder To Find For Owners, Here's How To Still Find The Content
Portfolio Pulse from Chris Katje
The rivalry between Tesla Inc's CEO Elon Musk and Walt Disney Co's CEO Bob Iger has escalated, with Tesla owners reporting the Disney+ app icon missing from the in-car entertainment platform. This follows Disney pulling ads from a social media platform owned by Musk after he interacted with an antisemitic post. Musk has publicly criticized Iger and Disney's advertising decisions. The absence of the Disney+ icon, which can still be accessed via URL, may be seen as retaliation by Tesla. The feud could impact subscriber counts for Disney streaming services and advertising revenue for Musk's social media platform.
December 19, 2023 | 12:10 am
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Disney's decision to pull ads from Musk's social media platform and the subsequent removal of the Disney+ icon from Tesla vehicles could potentially impact Disney's streaming service subscriber growth and brand image.
The removal of the Disney+ icon from Tesla vehicles may lead to reduced visibility for Disney's streaming service among Tesla owners, potentially affecting subscriber growth. The public feud with Musk could also impact Disney's brand image negatively, which may have short-term negative implications for Disney's stock.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Tesla's removal of the Disney+ icon from its in-car entertainment system amid CEO Elon Musk's public feud with Disney's CEO Bob Iger could affect Tesla's brand perception and customer experience.
While the removal of the Disney+ icon from Tesla's in-car entertainment system is a direct action by the company, it's unclear how this will affect Tesla's stock price in the short term. The impact on customer experience could be minimal as the service is still accessible, and the move may not significantly affect Tesla's core business operations or financials.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 70