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Elon Musk says Tesla will start to accept dogecoin for some merchandise – sending the meme token soaring 15%
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Elon Musk has said Tesla will let people purchase some of its merchandise with the meme cryptocurrency dogecoin.
«Tesla will make some merch buyable with Doge & see how it goes,» Musk tweeted Tuesday.
Dogecoin's price was down before Musk's announcement but then skyrocketed. It was last up 15% to $0.19003, according to crypto data website Coingecko.
The Tesla CEO has been a long-running supporter of dogecoin, a cryptocurrency that was started as a joke in 2013.
He asked his Twitter followers in May whether Tesla should start accepting doge, to which the overwhelming response was «yes.»
Earlier in May he said he thought dogecoin could ironically become the future of cryptocurrencies.
Tesla would not be the first company to
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