Elon Musk Hints at Tesla Accepting Dogecoin Payments Amidst Cryptocurrency Enthusiasm

Elon Musk Hints at Tesla Accepting Dogecoin Payments Amidst Cryptocurrency Enthusiasm

Crypto News – During a recent visit to Tesla‘s manufacturing plant, Giga Berlin, Elon Musk announced plans for customers to eventually purchase Tesla vehicles using cryptocurrency. This declaration comes on the heels of the company’s existing option for customers to buy merchandise with Dogecoin.

In response to a query about the possibility of using Dogecoin for car purchases, Musk expressed enthusiasm, stating, “When can you buy Tesla with Dogecoin? At some point, I think we should enable that.” He highlighted the current ability to purchase Tesla merchandise with Dogecoin, hailing it as a positive development and declaring, “So, Dogecoin to the moon.”

Musk’s affinity for the dog-themed memecoin is well-documented, with his previous expressions of support.

However, Musk’s latest endorsement of Dogecoin contrasts with his recent remarks suggesting a diminishing interest in cryptocurrencies overall. Last year, he indicated that he no longer dedicates significant thought to cryptocurrencies. Additionally, he asserted on a platform formerly known as Twitter that it would “never” introduce a cryptocurrency token.

It’s worth noting that Musk’s comments have historically had a significant impact on Dogecoin‘s value.

In the past 24 hours, Dogecoin‘s price has risen by 6.9% to reach $0.185, according to data from The Block. Year-to-date, the cryptocurrency has experienced an impressive surge of nearly 100%.