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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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Money

Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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