Investment firm Azoria Partners announced it would delay the launch of its Tesla ETF following Elon Musk's declaration of forming a new U.S. political party.
Musk's announcement came after he polled his followers on X, saying, "Today the America Party is formed to give you back your freedom."
Azoria had planned to launch the ETF next week, which would invest in Tesla shares and options. However, Azoria CEO James Fishback criticized Musk's political move and called for clarification on whether his political ambitions align with his CEO role at Tesla.
The delay of the ETF highlights concerns among investors about Tesla's future, especially after Musk stepped back from his government role in May.
Tesla did not respond to requests for comment.
The United States has expressed full support for the European Union's proposal to use frozen Russian assets to aid Ukraine and bring an end to the war...
Azerbaijan marks its fifth Victory Day on 8 November, celebrating the liberation of occupied territories and the restoration of sovereignty, a milesto...
The European Commission has tightened Schengen visa rules for Russian citizens, limiting most new applicants to single-entry permits, citing security ...
President Donald Trump announced on Friday that no U.S. government official would attend the upcoming Group of 20 summit in South Africa later this mo...
The U.S. Department of Agriculture has confirmed it will fund full SNAP food benefits for more than 42 million Americans, following federal court orde...
The United States has expressed full support for the European Union's proposal to use frozen Russian assets to aid Ukraine and bring an end to the war with Russia, a U.S. source familiar with the matter told Reuters on Friday.
President Donald Trump announced on Friday that no U.S. government official would attend the upcoming Group of 20 summit in South Africa later this month, citing what he described as "human rights abuses" occurring in the country.
Serbia's parliament passed a law on Friday designed to accelerate the development of a luxury complex in Belgrade, leased to an investment company founded by Jared Kushner, U.S. President Donald Trump's son-in-law.
Azerbaijan has no plans to deploy peacekeepers to Gaza unless there is a complete cessation of hostilities between Israel and Hamas, an Azerbaijani Foreign Ministry official told Reuters on Friday.
Kendrick Lamar and Lady Gaga lead the 2026 Grammy nominations, while K-Pop enters the Song of the Year category for the first time in the award’s history.
Israel launched airstrikes on southern Lebanon after ordering evacuations, accusing Hezbollah of rebuilding its forces despite a year-old ceasefire, as Lebanon and the United Nations warned of renewed border tensions.
U.S. Senate Republicans have blocked a resolution that would have barred President Donald Trump from launching military action against Venezuela without congressional approval, despite growing concern over recent U.S. strikes in the southern Caribbean.
The driver who rammed his car into a crowd in western France on Wednesday is suspected of "self-radicalisation" and had "explicit religious references" at home, the country's Interior Minister Laurent Nunez said on Thursday.
Tesla CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the electric vehicle (EV) maker into an artificial intelligence (AI) and robotics juggernaut.
Despite promises of recovery from the new government, Germany’s economy continues to stagnate, with no signs of renewed momentum. According to the latest report from the German Chamber of Industry and Commerce (DIHK), the country still lacks the drive needed for a genuine economic rebound.
Türkiye’s benchmark BIST 100 index ended Thursday up 0.94%, closing at 11,073.27 points. Opening the day at 11,029.29, the index gained 102.9 points compared with the previous close.
Dutch smartphone maker Fairphone is entering the U.S. market, betting on growing demand for repairable and sustainable devices as right-to-repair legislation gains traction, according to Reuters.
Premier Li Qiang said on Wednesday that China's economy will exceed 170 trillion yuan ($23.87 trillion) by 2030, presenting a big market opportunity for the world as trade restrictions rise globally.
Jamaican Prime Minister Andrew Holness on Tuesday said that last week's Hurricane Melissa, the strongest-ever storm to hit its shores, caused damage to homes and key infrastructure roughly equivalent to 28% to 32% of last year's gross domestic product.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment