Elon Musk Charges Disney With 'Institutionalized Racism And Sexism' Over Leaked 'Inclusion Standards' Memo, Dangles Legal Aid To Discriminated
Portfolio Pulse from Ramakrishnan M
Elon Musk has escalated his criticism of The Walt Disney Co (NYSE:DIS) over its diversity standards, alleging 'institutionalized racism and sexism' and offering legal aid to those discriminated against. The controversy stems from a leaked 'Inclusion Standards' memo, which Musk shared, detailing diversity criteria for Disney productions. Musk's critique follows his support for Gina Carano's legal battle against Disney and Lucasfilm, and his broader criticism of diversity and inclusion policies in various industries.
February 07, 2024 | 3:52 am
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Elon Musk's allegations against Disney's diversity standards and his offer of legal aid to those discriminated could impact Disney's public image and investor sentiment.
Musk's allegations and the public nature of the debate could lead to negative publicity for Disney, potentially affecting its stock price in the short term. The controversy, especially if it escalates or leads to legal action, could impact investor sentiment and Disney's image, possibly affecting its market performance.
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