Dogecoin will be used to buy Teslas ‘at some point’
Tesla CEO Elon Musk has expressed his desire to start accepting Dogecoin (DOGE) as an official payment for Tesla cars “at some point”.
In the year On March 13, Mook was speaking to the crowd at the Berlin Gigafactory, Tesla's manufacturing plant, where he asked the audience if Tesla could be purchased using DOGE in the near future. Musk responded positively to the question:
“I think we'll have to activate that at some point.”
Musk's response sparked excitement among investors as the token's market value suddenly rose. Dogecoin responded by jumping from $0.172 to $0.188 at the time of writing, marking 9.3% as the video began to gain traction on X.
Elon Musk today at Giga Berlin.
“When can I buy a Tesla with dogecoin?” “I think we'll have to activate that at some point.” pic.twitter.com/Suk7bifuHC
— Sir Doge of the Coin ⚔️ (@dogeofficialceo) March 14, 2024
Musk said a fan can still buy Tesla merchandise using DOGE and reiterated his support for the altcoin by saying “Dogecoin to the Moon.”
Musk first started supporting DOGE after a few employees from the Tesla Gigafactory urged the CEO to support Dogecoin as an official payment method. He was asked the same question on SpaceX by visitors asking for support for Dogecoin, which he said was finally accepted.
Doge is the people's crypto, so I support it.
Many rich people support Bitcoin (BTC), he added.
This is a developing story, and more information will be added as it becomes available.
