Golden financial report, Musk's founding party has caused dissatisfaction, and investment company Azoria has postponed the listing of Tesla ETF
2025-07-07 00:14:38
With Tesla (TSLA. O) CEO Elon Musk announcing the formation of a new political party, the "American Party", investment firm Azoria announced on Saturday that it would delay the launch of its ETF "Azoria Tesla Convexity ETF". According to reports, Azoria was scheduled to launch the ETF this week, which was scheduled to invest in Tesla's stock and options, providing investors with financial instruments related to the electric car giant. However, Musk's political actions made Azoria think the timing was uncertain and decided to suspend the listing plan. Azoria CEO Fishback pointed out that since Musk announced his retirement from the leadership of the Ministry of Government Efficiency in May, the outside world has become uneasy about the extent of his focus on Tesla. The establishment of the party further undermines investors' confidence in Tesla's future leadership. (Jin Ten)
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