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Tesla to accept dogecoin for certain payments

  • December 21 2021
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Tesla to accept dogecoin for certain payments

By Maja Garaca Djurdjevic
December 21 2021

Elon Musk has announced that Tesla will accept dogecoin for payment of certain merchandise products.

dogecoin

Tesla to accept dogecoin for certain payments

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  • December 21 2021
  • Share

Elon Musk has announced that Tesla will accept dogecoin for payment of certain merchandise products.

dogecoin

Tesla’s Elon Musk confirmed on Tuesday (21 December) that the carmaker would accept dogecoin for payment of certain products on a test basis. 

“Tesla will make some merch buyable with doge and see how it goes,” Musk tweeted. 

Dogecoin’s price popped in the wake of the tweet, spiking over $0.20.

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But information as to the actual offer is still limited. Tesla sells a range of merchandise that can cost anywhere between $50 and $1,500. 

Earlier this week, Musk was named Time magazine’s Person of the Year. 

While dogecoin started as a joke, it now means serious business. Back in May, dogecoin exploded in popularity as big names rallied behind it, including Elon Musk, who tweeted: “Who let the doge out?”.

For more on dogecoin, click here.

 

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About the author

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Maja Garaca Djurdjevic is the editor of nestegg and Smart Property Investment. Email Maja at [email protected]

About the author

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Maja Garaca Djurdjevic

Maja Garaca Djurdjevic is the editor of nestegg and Smart Property Investment. Email Maja at [email protected]

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