According to Deep Tide TechFlow news on July 7, as reported by Jinshi Data, following Tesla (TSLA.O) CEO Elon Musk's announcement to establish a new political party called the 'American Party', investment company Azoria announced last Saturday that it will postpone the launch of the 'Azoria Tesla Convexity ETF', which is based on Tesla. It was reported that Azoria originally planned to launch this ETF this week, intending to invest in Tesla's stocks and options to provide investors with financial products related to the electric vehicle giant. However, Musk's political actions have led Azoria to believe that the timing is unstable, prompting a decision to delay the listing plan. Azoria's CEO Fishback pointed out that since Musk announced his resignation from the leadership of the Department of Government Efficiency in May, there has been growing unease regarding his focus on Tesla. The establishment of a political party further undermines investors' confidence in Tesla's future leadership.

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