Investment firm Azoria postpones Tesla ETF after Musk plans political party ...Middle East

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Musk made the announcement a day after polling his followers on the X social media platform he owns, declaring, “Today the America Party is formed to give you back your freedom.”

However, following Musk’s announcement Azoria CEO James Fishback posted on X several critical comments of the new party and repeated his support for U.S. President Donald Trump.

“I encourage the Board to meet immediately and ask Elon to clarify his political ambitions and evaluate whether they are compatible with his full-time obligations to Tesla as CEO,“ Fishback said.

Tesla did not immediately respond to a Reuters’ request for comment.

Azoria is also offering the Azoria 500 Meritocracy ETF that only invests in the top 500 U.S. companies that do not impose hiring targets under diversity, equity and inclusion programs, according to its website.

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