• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
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

2 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin's Price Action and Key Resistance Levels Under Scrutiny

chest

Bitcoin's recent price movements are under close scrutiny as it trades between $79,000 and $80,000, a critical resistance area. Analysts are emphasizing the importance of the $80,300 level, which could trigger selling pressure if not held as support.

user avatarEmily Carter

South Korean Government Confirms Crypto Tax Implementation

chest

The South Korean government has confirmed a 20% tax on crypto profits starting January 2027, affecting many investors.

user avatarTomas Novak

Market Dynamics Indicate Potential for Ethereum Price Recovery

chest

Market dynamics suggest that Ethereum may recover in price if it can withstand current selling pressure.

user avatarKaterina Papadopoulou

South Korea's Major Crypto Exchanges Collaborate with Tax Authorities

chest

The five largest crypto exchanges in South Korea are collaborating with the National Tax Service to prepare for a new tax policy set to be implemented in January 2027.

user avatarMaya Lundqvist

Crypto Firms Shift to Chainlink After Chaos Labs Hacking Attempt

chest

Several crypto firms are migrating to Chainlink's oracle infrastructure following a hacking attempt on Chaos Labs.

user avatarLeo van der Veen

SEC Chair Paul Atkins Calls for Enhanced Regulatory Guidance for Onchain Markets

chest

SEC Chair Paul Atkins emphasizes the need for clearer regulatory frameworks for onchain trading systems and related activities.

user avatarLi Weicheng

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.