Tesla CEO Elon Musk tweeted Friday and announced that all Tesla merchandise can be bought with Dogecoin.
Musk said that Tesla might utilize dogecoin to acquire various things ranging in price from $50 to $1,900. On Tuesday, Elon Musk, CEO of Tesla Inc said that the electric vehicle manufacturer would accept dogecoin as payment for things on a trial basis. “Tesla will make certain items purchasable with Doge and see how it works,” Musk tweeted.
Tesla merch buyable with Dogecoin
— Elon Musk (@elonmusk) January 14, 2022
Memecoin has increased 5,859 percent in value over the previous year due to Musk’s cryptocurrency tweets, including one in which he dubbed it “the people’s cryptocurrency.” Dogecoins starting at $50 and go up to $1,900, may be used to buy a broad variety of things.
Tesla sells a range of products, including apparel, belt buckles with the “Giga Texas” emblem, tiny reproductions of its vehicles, and even a “Cyberwhistle,” a novelty item inspired by the much-anticipated Cybertruck.
Time magazine elected him “Person of the Year” for 2021. He often defended dogecoin and said it was better for transactions, most recently in a magazine interview. “Bitcoin is not a suitable substitute for transactions,” he added.
Tesla CEO Elon Musk polled his Twitter followers in May to determine if the firm should accept dogecoin in a vote. During his May appearance on ” Saturday Night Live, ” he previously referred to dogecoin as a “hustle” during his May appearance on “Saturday Night Live” as a guest host. Tesla CEO Elon Musk, who has over 66 million followers, has been active on Twitter throughout this year’s holiday shopping frenzy.