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Tesla to accept Doge Coins for some merchandise Elon Musk tweets

Dec 14, 2021

Tesla CEO Elon Musk on Tuesday said that the EV company will start accepting Dogecoin as currency for some merchandise on a test basis.

Musk took to Twitter to make the announcement, saying, “Tesla will make some merch buyable with Doge & see how it goes.” Post this announcement from Musk, Dogecoin jumped 24% to $0.195.

Tesla sells merchandise such as apparel, belt buckle, mini models of its vehicles including quad bike, called Cyberquad for kids and Cyberwhistle which has been modeled after its much-awaited Cybertruck.

Musk has been a cryptocurrency enthusiast and supporter, and had asked Twitter users in May this year if they wanted Tesla to accept Dogecoin as a currency for purchasing its electric vehicles. He had called Dogecoin a meme-inspired cryptocurrency, during his guest-host spot on the ‘Saturday Night Live’ comedy sketch TV show in May. Dogecoin, much like Bitcoin, is a cryptocurrency but one that has a Shiba Inu dog from a meme as its logo

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