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Altcoin News

Tesla to Enable DOGE Payments, Confirms Elon Musk’s Support

Elon eagerly endorsed DOGE's promise, echoing his iconic "Dogecoin to the moon" enthusiasm.

Written By Dishita Malvania
Published 2024-03-14·Updated 3 years ago
Make The Crypto Times preferred on GoogleGoogle
Tesla to Enable DOGE Payments, Confirms Elon Musk’s Support

Elon Musk, CEO of Tesla, recently expressed interest in potentially accepting Dogecoin (DOGE) as a form of payment for Tesla vehicles in the future. 

Elon Musk at Giga Berlin today.

“When will I be able to buy a Tesla with dogecoin?”
“At some point I think we should enable that.” 😂🔥 pic.twitter.com/Suk7bifuHC

— Sir Doge of the Coin ⚔️ (@dogeofficialceo) March 14, 2024

During an engagement with the public at the Berlin Gigafactory, Musk entertained a question from an attendee about the possibility of purchasing Teslas with DOGE.

The cryptocurrency experienced a notable increase from $0.172 to $0.188 at the time of reporting, representing a 9.3% uptick, as interest in the video clip gained momentum across various platforms.

Elon Musk recently reaffirmed his support for Dogecoin (DOGE), stating that fans can still use the cryptocurrency to purchase Tesla merchandise. He expressed enthusiasm for DOGE’s potential, echoing his famous “Dogecoin to the moon” sentiment. 

Musk’s endorsement of DOGE began when employees at the Tesla Gigafactory and visitors at SpaceX urged him to embrace it as an official payment method. 

Elon Musk stated, “ Doge is people’s crypto, so I will support it.”  He sees Dogecoin as a cryptocurrency favored by the masses, unlike Bitcoin, which he believes has garnered support primarily from wealthy individuals.

Also Read: Elon Musk Criticizes $5.6B Legal Fee Request in Tesla Case

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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