Elon Musk has suggested that in the future Tesla may start accepting Dogecoin as a means of payment for its cars

Elon Musk has suggested that in the future Tesla may start accepting Dogecoin as a means of payment for its cars

user avatar

by Max Nevskyi

3 years ago


Elon Musk held a meeting with visitors at the Berlin-Brandenburg gigafactory, where Tesla electric cars have been manufactured since the plant opened in the spring of 2000. One of the participants of the event asked Musk about the possibility of purchasing a Tesla car for Dogecoin in the future. In response, Musk responded positively to the idea, saying that it could be implemented at some point. This reaction sparked enthusiasm among investors, and the market price of Dogecoin increased dramatically. By the time of writing, the Dogecoin price had increased by 9.3%, jumping from the level of $ 0.172 to $0.188.

Tesla began accepting DOGE as payment for its goods from the year two thousand twenty-two. Musk began actively supporting Dogecoin after an appeal from several employees of the Tesla gigafactory, who called on the CEO to support Dogecoin as an official payment method. A similar request was also received by Musk from SpaceX visitors. According to Musk, Dogecoin is the cryptocurrency of the people, so he expressed his support. He also noted that Bitcoin has received support from many rich people, and he wants to support the cryptocurrency, which is popular among a wide audience.

The creation of an XPayments account in the "Elon Musk X social network" (formerly Twitter) caused further speculation in the crypto community regarding the possible introduction of cryptocurrencies. It is expected that by the middle of the twenty-fourth year, payment services will appear in Appendix X. However, it is unclear whether these services will support payments beyond traditional national currencies.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Gate Reports Impressive Cold Storage Coverage Ratio

Gate's cold storage coverage ratio reached an impressive 104.58%, ensuring all user assets are secure.

user avatarRajesh Kumar

Gate Launches Innovative Proof of Security Framework

Gate has launched a new asset security verification framework called Proof of Security (PoSEC), becoming the first digital asset trading platform to implement such a system.

user avatarMiguel Rodriguez

US DOJ Launches Task Force to Combat AI Misuse

The US Department of Justice has launched a task force to combat the misuse of advanced artificial intelligence, ensuring American leadership is not compromised by bad actors.

user avatarLuis Flores

Mercado Bitcoin Suffers Major Security Breach with $48 Million Stolen

Mercado Bitcoin has reported a significant security breach, with over $48 million in assets stolen across 11 blockchains. The breach occurred on November 2, 2023, challenging the exchange's claims of containment.

user avatarArif Mukhtar

Trump's Stock Market Celebration Turns Sour

President Trump's celebration of Wall Street's highs quickly turned negative as the SP 500 plunged, prompting discussions of emergency trading halts.

user avatarMaria Gutierrez

Market Faces Emergency Trading Thresholds Amid Selloff

The US stock market approached emergency trading thresholds as the SP 500 faced significant declines, raising concerns among traders.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.