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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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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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