Breaking: Elon Musks Tweets ‘Tesla Merch Buyable with Dogecoin’

Parasshuram Shalgar
January 14, 2022
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Elon musk Dogecoin

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.

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.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Parasshuram has been online in various capacities as a pro-blogger, top researcher, and now a senior editor at CoinGape.com. He has over 14 years of experience in the field of online publishing. Mr Shalgar can be reached at [email protected].
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.