Last month976 Archives Elon Musk revealed that Tesla would start accepting Dogecoin for some Tesla merch. That day has come, with Doge now being the only accepted currency for a few products on the Tesla store.
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Both the Gigi Texas Belt Buckle and the Cyberquad for Kids are solely available to purchase with Doge, and will set buyers back 835 and 12,020 Doge respectively — or around $160 and $2,300 at the current conversion rate. The Cyberwhistle was also one of these products, but the 300 Dodge or $60 stainless steel whistle has sold out already. There are no visible options for any other form of payment for these items.
Dogecoin's co-founder Billy Markus also shared the news on Twitter. According to CoinMarketCap data, the price of the meme coin has already jumped by 12 percent following this development.
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Dogecoin has long been a favorite cryptocurrency of Elon Musk's, with Tesla and the meme coin sharing a relationship of sorts. The form of cryptocurrency has seen both highs and lows as a result of Musk's tweets, as well as after one particularly infamous SNL sketch.
UPDATE: Jan. 14, 2022, 9:45 a.m. PST Musk tweeted about the crypto option shortly after Dogecoin was listed as a payment method on the Tesla website.
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Topics Tesla Cryptocurrency
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