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Former DOGE adviser James Fishback wrote to the Tesla Board urging them to ask Elon Musk to clarify his political ambitions. Fishback said his investment firm Azoria Partners will defer the listing of its Azoria Texla Convexity exchange-traded fund after Musk’s announcement that he was forming a new political party called ‘America Party’. The paperwork of the America Party was done, and it was registered with the Federal Election Commission with Tesla CFO Vaibhav Taneja listed as its treasurer.”Elon has gone too far…Our decision comes in direct response to @ElonMusk’s announcement that he is launching a new national political party. This creates a conflict with his full-time responsibilities as CEO of Tesla. It diverts his focus and energy away from Tesla’s employees and shareholders,” Fishback wrote. “In May, when Elon stepped back from his work at DOGE and returned his attention to Tesla, we were encouraged. With Elon fully engaged, he gave shareholders renewed confidence in Tesla’s future. Elon’s announcement today undermines that confidence,” the letter added.
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