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Tesla bed made for cats in China hits the market

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Named the “Cybertruck Multifunctional Corrugated Cat Litter,” this cat-friendly creation features an angled design reminiscent of Tesla’s upcoming vehicle.

Priced at 89 Chinese Yuan, approximately $12, the cat bed is described as having a futuristic shape, a semi-open cat litter area, and thick corrugated paper embedded inside to cater to the needs of cats.

The Chinese version of Tesla’s website provides the product listing, which details that the cat bed includes a built-in “scratch board” made of “thickened and moisture-proof corrugated paper.” Assembly by the owner is required.

This unique addition to Tesla’s merchandise collection is consistent with the company’s history of offering diverse products that only tangentially relate to its primary electric vehicle business.

Tesla tequila

Tesla is already known for selling its own brand of “Tesla Tequila,” which boasts a description of “dry fruit and light vanilla nose with a balanced cinnamon pepper finish.”

Priced at a staggering $420 per bottle, a nod to Musk’s well-known affinity for cannabis culture, the product is currently out of stock.

Among Tesla’s other offbeat offerings is a stainless steel “Cyberwhistle,” available for purchase using dogecoin, Musk’s favored cryptocurrency meme token.

Additional unconventional products on the Tesla website include a $100 “Giga Texas Belt Buckle” with the slogan “Don’t mess with Tesla,” a $60 Tesla umbrella, and a $70 Tesla branding iron.

Weird product launches

Tesla isn’t the sole company associated with Elon Musk that embraces peculiar product launches.

The Boring Company, Musk’s venture focused on tunnel-digging and public transit, previously gained attention in 2018 by selling $500 flamethrowers, which quickly sold out.

After experiencing several delays, Tesla recently completed production of its first-ever Cybertruck at its Austin plant. The Cybertruck is anticipated to become available for purchase later this year, with Musk aiming to manufacture over 250,000 units annually based on demand.

Tesla encountered a setback this week with the unexpected departure of its long-serving CFO Zachary Kirkhorn, who was often regarded as a potential successor to Musk. Chief Accounting Officer Vaibhav Taneja is taking over Kirkhorn’s responsibilities.

 

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U.S. investors flee stock market for global opportunities

U.S. investors withdrew $75 billion from stocks in six months, fastest in 16 years, with $52 billion in 2026 alone.

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U.S. investors withdrew $75 billion from stocks in six months, fastest in 16 years, with $52 billion in 2026 alone.

U.S. investors are withdrawing money from domestic stocks at the fastest rate in 16 years, with $75 billion leaving equity products over the past six months. The trend accelerated in 2026, with $52 billion pulled from Wall Street so far.

Concerns over AI risks and weaker performance at home are prompting investors to look abroad, even though a softer dollar makes foreign investments more expensive. Emerging markets are seeing inflows at the fastest pace in five years, according to Bank of America.

As global opportunities become more attractive, many U.S. investors are now evaluating overseas markets for growth potential.

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US dollar strength hits NZ dollar amid FX market shifts

US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.

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US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.


The US dollar is surging as strong economic growth in the United States contrasts with softer conditions in New Zealand. Policy divergence and complex global FX factors are putting pressure on the New Zealand dollar, leaving traders navigating choppy waters.

Steve Gopalan from SkandaFX breaks down how US interest rates are influencing key currency pairs like USD/JPY, and explains why hedging flows are crucial in today’s volatile environment.

We also explore the ripple effects of geopolitical tensions on oil and broader markets, while examining the Australian labour market’s role in shaping the Reserve Bank of Australia’s monetary policy.

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Oil hits seven-month high, and gold surpasses $5,000 amid US-Iran tensions

Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.

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Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.


Oil prices have surged to a seven-month high as escalating tensions between the U.S. and Iran spark fears of global supply disruptions. The Strait of Hormuz remains a flashpoint, with analysts closely monitoring potential military actions that could further strain energy markets.

Investors are reacting to geopolitical uncertainty, with oil markets pricing in heightened risk.

Kyle Rodda from Capital.com joins us to discuss what is driving these record-breaking price movements and the potential implications for the global economy.

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