diff --git a/COMPONENT_INDEX.md b/COMPONENT_INDEX.md
index 7bbf2e57..6088c4cc 100644
--- a/COMPONENT_INDEX.md
+++ b/COMPONENT_INDEX.md
@@ -4236,20 +4236,20 @@ None.
 
 ### Props
 
-| Prop name   | Kind             | Reactive | Type                                                            | Default value                                    | Description                                                       |
-| :---------- | :--------------- | :------- | :-------------------------------------------------------------- | ------------------------------------------------ | ----------------------------------------------------------------- |
-| ref         | <code>let</code> | Yes      | <code>null &#124; HTMLButtonElement</code>                      | <code>null</code>                                | Obtain a reference to the button HTML element                     |
-| tooltipText | <code>let</code> | No       | <code>string</code>                                             | <code>""</code>                                  | Specify the tooltip text.<br />Alternatively, use the "text" slot |
-| align       | <code>let</code> | No       | <code>"start" &#124; "center" &#124; "end"</code>               | <code>"center"</code>                            | Set the alignment of the tooltip relative to the icon             |
-| direction   | <code>let</code> | No       | <code>"top" &#124; "right" &#124; "bottom" &#124; "left"</code> | <code>"bottom"</code>                            | Set the direction of the tooltip relative to the icon             |
-| id          | <code>let</code> | No       | <code>string</code>                                             | <code>"ccs-" + Math.random().toString(36)</code> | Set an id for the span element                                    |
+| Prop name   | Kind             | Reactive | Type                                                            | Default value                                    | Description                                                              |
+| :---------- | :--------------- | :------- | :-------------------------------------------------------------- | ------------------------------------------------ | ------------------------------------------------------------------------ |
+| ref         | <code>let</code> | Yes      | <code>null &#124; HTMLButtonElement</code>                      | <code>null</code>                                | Obtain a reference to the button HTML element                            |
+| tooltipText | <code>let</code> | No       | <code>string</code>                                             | <code>""</code>                                  | Specify the tooltip text.<br />Alternatively, use the "tooltipText" slot |
+| align       | <code>let</code> | No       | <code>"start" &#124; "center" &#124; "end"</code>               | <code>"center"</code>                            | Set the alignment of the tooltip relative to the icon                    |
+| direction   | <code>let</code> | No       | <code>"top" &#124; "right" &#124; "bottom" &#124; "left"</code> | <code>"bottom"</code>                            | Set the direction of the tooltip relative to the icon                    |
+| id          | <code>let</code> | No       | <code>string</code>                                             | <code>"ccs-" + Math.random().toString(36)</code> | Set an id for the span element                                           |
 
 ### Slots
 
-| Slot name | Default | Props | Fallback                   |
-| :-------- | :------ | :---- | :------------------------- |
-| --        | Yes     | --    | --                         |
-| text      | No      | --    | <code>{tooltipText}</code> |
+| Slot name   | Default | Props | Fallback                   |
+| :---------- | :------ | :---- | :------------------------- |
+| --          | Yes     | --    | --                         |
+| tooltipText | No      | --    | <code>{tooltipText}</code> |
 
 ### Events
 
diff --git a/docs/src/COMPONENT_API.json b/docs/src/COMPONENT_API.json
index 78077440..b1393fe8 100644
--- a/docs/src/COMPONENT_API.json
+++ b/docs/src/COMPONENT_API.json
@@ -9746,7 +9746,7 @@
         {
           "name": "tooltipText",
           "kind": "let",
-          "description": "Specify the tooltip text.\nAlternatively, use the \"text\" slot",
+          "description": "Specify the tooltip text.\nAlternatively, use the \"tooltipText\" slot",
           "type": "string",
           "value": "\"\"",
           "isFunction": false,
@@ -9797,7 +9797,7 @@
       "slots": [
         { "name": "__default__", "default": true, "slot_props": "{}" },
         {
-          "name": "text",
+          "name": "tooltipText",
           "default": false,
           "fallback": "{tooltipText}",
           "slot_props": "{}"
diff --git a/docs/src/pages/components/TooltipIcon.svx b/docs/src/pages/components/TooltipIcon.svx
index 237660c3..75dce11b 100644
--- a/docs/src/pages/components/TooltipIcon.svx
+++ b/docs/src/pages/components/TooltipIcon.svx
@@ -23,6 +23,6 @@
 Use the "text" slot to customize the tooltip text.
 
 <TooltipIcon>
-  <span slot="text" style="color: red">Carbon is an open source design system by IBM.</span>
+  <span slot="tooltipText" style="color: red">Carbon is an open source design system by IBM.</span>
   <Carbon24 />
 </TooltipIcon>
\ No newline at end of file
diff --git a/src/TooltipIcon/TooltipIcon.svelte b/src/TooltipIcon/TooltipIcon.svelte
index 93c534c3..5bffcebb 100644
--- a/src/TooltipIcon/TooltipIcon.svelte
+++ b/src/TooltipIcon/TooltipIcon.svelte
@@ -1,7 +1,7 @@
 <script>
   /**
    * Specify the tooltip text.
-   * Alternatively, use the "text" slot
+   * Alternatively, use the "tooltipText" slot
    */
   export let tooltipText = "";
 
@@ -59,8 +59,8 @@
     hidden = false;
   }}"
 >
-  <span id="{id}" class:bx--assistive-text="{true}"
-    ><slot name="text">{tooltipText}</slot></span
-  >
+  <span id="{id}" class:bx--assistive-text="{true}">
+    <slot name="tooltipText">{tooltipText}</slot>
+  </span>
   <slot />
 </button>
diff --git a/types/TooltipIcon/TooltipIcon.d.ts b/types/TooltipIcon/TooltipIcon.d.ts
index f792a94d..d58f26bc 100644
--- a/types/TooltipIcon/TooltipIcon.d.ts
+++ b/types/TooltipIcon/TooltipIcon.d.ts
@@ -3,7 +3,7 @@
 export interface TooltipIconProps extends svelte.JSX.HTMLAttributes<HTMLElementTagNameMap["button"]> {
   /**
    * Specify the tooltip text.
-   * Alternatively, use the "text" slot
+   * Alternatively, use the "tooltipText" slot
    * @default ""
    */
   tooltipText?: string;
@@ -37,7 +37,7 @@ export default class TooltipIcon {
   $$prop_def: TooltipIconProps;
   $$slot_def: {
     default: {};
-    text: {};
+    tooltipText: {};
   };
 
   $on(eventname: "click", cb: (event: WindowEventMap["click"]) => void): () => void;