Musk's founding party sparks dissatisfaction, investment company Azoria delays Tesla ETF listing
Internet reports that as Tesla (TSLA.O)CEO Musk announced the establishment of a new political party, the American Party, investment company Azoria announced on Saturday that it would delay the launch of the Tesla ETF "Azoria Tesla Convexity ETF". According to reports, Azoria was scheduled to launch the ETF this week and is expected to invest in Tesla stocks and options to provide investors with financial products related to the electric vehicle giant. However, Musk's political actions made Azoria believe that the timing was uncertain and decided to postpone the listing plan. Azoria CEO Fishback pointed out that since Musk announced in May that he would withdraw from leadership of the government's efficiency department, the outside world has become uneasy about his focus on Tesla. The establishment of a political party further undermines investors 'confidence in Tesla's future leadership. (Jin Shi)
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