From this note, On section $4.1.1$ we have,
If $\{e_\alpha\}$ be a local frame of a vector bundle $\pi:E\rightarrow X$ then there exist a section $\Theta\in C^\infty(M,\Omega^2_N\otimes E)$, called curvature form, such that, $$(d^\nabla)^2s=\Theta\wedge s\tag1$$ where $\Theta$ can be written as, $$\Theta=\Theta^\beta_{\alpha}e^\alpha\otimes e_\beta\tag2$$
From this M.SE post we have (which seems align with the formula from the book I follow, Differential Geometry by Loring W.Tu),
Let $\Omega_\mu^\nu\in\Omega^2(U)$ be such that, $$\nabla\nabla e_\mu=\Omega^\nu_\mu\otimes e_\nu\tag3$$
So the main confusion was formula $(1)$ use wedge product on the other hand formula $(3)$ use tensor product. I didn't understand why two different product used here? Because if I consider local frame as sections then $(1)$ become $(d^\nabla)^2e_\mu=\Theta\wedge e_\mu$ which seem not same as $(3)$. Where I made wrong?
I don't understand why $e^\alpha\otimes e_\beta$ pop up on the formula in $(1)$, like what's the role of the dual frame $e^\alpha$ here? I know it sound odd, but I think I didn't understand the role of tensor/wedge product used in these formulas completely.