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Elon Musk: DOGE to Be Accepted by Tesla for Merch "to See How It Goes"

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Tue, 12/14/2021 - 10:49
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Yuri Molchan
Head of Tesla just tweeted that the company will launch some merch buyable with Dogecoin
Elon Musk: DOGE to Be Accepted by Tesla for Merch "to See How It Goes"
Cover image via stock.adobe.com

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The richest man in the world, a big fan of Dogecoin and the man of the year according to Time magazine, Elon Musk, has just announced that Tesla plans to launch some merch to sell for Doge to "see how it goes."

This is what DOGE fans have been looking forward to for a long time, asking Musk to let Tesla accept the meme cryptocurrency for its electric cars.

Earlier, U.Today reported that Elon Musk stated in an interview that Dogecoin is much more convenient for payments than Bitcoin. However, he did refer to BTC as a store of value.

Related
Dogecoin Spikes 28% After Elon Musk's Announcement But Retraces Almost Immediately

At the start of this year, Tesla began accepting Bitcoin for its e-cars. However, later on, the company shut down BTC payments as Musk became concerned with the harm to the environment brought on by Bitcoin mining. That rejection of BTC payments by Tesla crushed the Bitcoin price.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.