Azoria Partners delays Tesla ETF launch over Elon Musk's new political party, "America Party."

Investment firm Azoria Partners has delayed the launch of its Tesla-focused ETF due to Elon Musk's announcement of forming a new U.S. political party, "America Party." Azoria CEO James Fishback expressed concerns about how Musk's political ambitions could affect Tesla and investor confidence. The ETF, set to invest in Tesla's shares and options, was postponed to assess potential impacts on Tesla's stock value and Musk's role as CEO.