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Elon Musk Visits Germany Tesla CEO Elon Musk announced on Friday that Tesla merchandise can now be purchased with the cryptocurrency Dogecoin — causing the price of the digital coin to soar.
Musk’s five-word tweet — “Tesla merch buyable with Dogecoin” — earned nearly 300,000 likes and drove the currency to surge by more than 20% before shedding some of its gains. At the time of this article’s publication, the price of Dogecoin rests at roughly $0.19. Tesla merch buyable with Dogecoin
— Elon Musk (@elonmusk) January 14, 2022 Indeed, Tesla’s merchandise store features several items available for purchase via Dogecoin — including a 200-Doge Cybertruck trucker hat, a 205-Doge Cybertruck beanie, and an 835-Doge “Giga Texas Belt Buckle.”
Dogecoin — originally based on an internet meme — surged over 1,500% last February, attaining a total valuation exceeding $10 billion. Musk first tweeted about the satirical currency on February 4, proclaiming that “Dogecoin is the people’s crypto.” He was soon followed by celebrities such as rapper Snoop Dogg, who tweeted an image of “Snoop Doge.” Musk and his mother also spoke about Dogecoin during an appearance on “Saturday Night Live” in May. “I’m excited for my mother’s day gift. I just hope […]
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