Musk's founding of a party has caused dissatisfaction, and investment company Azoria has postponed the listing of Tesla ETF

Planet Daily News: Following Tesla (TSLA.O) CEO Musk's announcement of establishing a new political party called the "American Party", investment company Azoria announced last Saturday that it would postpone the launch of the Tesla-targeted ETF "Azoria Tesla Convexity ETF". According to reports, Azoria was originally scheduled to launch the ETF this week, planned to invest in Tesla's stocks and options to provide financial products related to the electric vehicle giant. However, Musk's political actions led Azoria to believe the timing was unstable, and they decided to suspend the listing plan. Azoria's CEO Fishback pointed out that since Musk announced his resignation from the government efficiency department leadership in May, the outside world has been uneasy about his focus on Tesla. The establishment of this political party further weakens investors' confidence in Tesla's future leadership. (Jintian)