Tesla Files Trademark Applications For Cyberberry And Supercharged Gummies, Years After CEO Elon Musk Teased Making His Own Candy Company
Portfolio Pulse from Anan Ashraf
Tesla Inc. (NASDAQ:TSLA) has filed trademark applications for four new candy products, potentially fulfilling CEO Elon Musk's long-standing dream of entering the candy market. The applications are for Cyberberry, Supercharged Gummies, Mango Bolt, and Dog Mode Chill. This move follows Musk's previous statements about the lack of good candies in America and his desire to improve the industry.
July 17, 2024 | 10:49 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Tesla has filed trademark applications for four new candy products, indicating a potential diversification into the candy market. This move aligns with CEO Elon Musk's previous statements about improving the candy industry in the U.S.
The filing of trademark applications for candy products by Tesla suggests a potential new revenue stream and diversification of its product portfolio. This could positively impact Tesla's stock in the short term as investors react to the news of the company's expansion into a new market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100