Ross Gerber, a longtime Tesla investor and vocal Musk critic, didn’t hold back online, writing in his own post that, “no one wants the Elon first party,” accusing the company’s board of being “Elon vampires sucking the blood of Tesla equity.”

ETF after CEO Elon Musk declared the formation of a new political party, injecting uncertainty into Tesla's leadership and strategic direction. Azoria was scheduled to launch the Azoria Tesla Convexity exchange-traded fund next week,