Tesla Shares Surge 1.9% to $408 After Megapod AI Trademark Filing

Tesla shares rose 1.90% to $408.05 following the June 18 filing of an intent-to-use trademark for Megapod covering modular AI data center hardware. The move signals potential expansion into AI infrastructure, possibly leveraging 7 GW of available power at Supercharger sites. The stock traded above its 50-day and 100-day SMAs but remained below the 20-day average, with key resistance at $453. While earlier MEGAPOD trademarks by Mattel and Mitsubishi exist, Tesla’s application is still pending and speculative in nature.