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Home»ADOPTION NEWS»Elon Musk predicts Dogecoin payment option for Tesla car purchases ‘at some point’
ADOPTION NEWS

Elon Musk predicts Dogecoin payment option for Tesla car purchases ‘at some point’

By Crypto FlexsMarch 14, 20242 Mins Read
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Elon Musk predicts Dogecoin payment option for Tesla car purchases ‘at some point’
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People • March 14, 2024, 2:05 a.m. EDT

Posted 1 minute ago In ~

Elon Musk says people will eventually be able to buy Tesla cars next. Dogecoin viceroy

+8.29%
He spoke about cryptocurrency during a recent visit to the company’s manufacturing plant, Giga Berlin. Automobile companies already provide users with Buy products with Dogecoin.

“When can I buy a Tesla with Dogecoin? “I think we need to enable that at some point.” Musk said this: video This article, uploaded by X user @dogeofficialceo, answers a question about purchasing a car with Dogecoin. “You can buy Tesla products through Doge, which is great. So Dogecoin headed to the moon.”

Musk has previously expressed his love for dog-themed memecoins on several occasions.

His recent support for the token follows comments he made that could indicate waning interest in cryptocurrencies in general. Last year, Musk noted that he no longer spends much time thinking about cryptocurrencies. Tesla’s CEO also revealed to X that the social media platform formerly known as Twitter will “never” launch a cryptocurrency token.

Musk’s comments have historically influenced the value of Dogecoin.

Specifically, according to The Block’s price page, the price of Dogecoin has risen 6.9% in the last 24 hours to $0.185 at the time of this writing. The cryptocurrency has surged nearly 100% year to date.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He previously worked as a reporter for Forkast.News, where he actively covered the fall of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong, and China. He holds a Bachelor’s degree in Journalism and Business Marketing from the University of Hong Kong.

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