Elon Musk-helmed Tesla launches Dogecoin (DOGE) payments in online shop; price jumps 17%

Elon Musk-helmed Tesla first enabled bitcoin payments for Tesla cars in March 2021. Then less than two months later pulled the plug, ostensibly because Musk wants to see Bitcoin go green. But in October, the company previewed a resumption of crypto payments in an SEC filing.

Musk said that Tesla would soon accept payments in dogecoin for Tesla merchandise, just last month. Now he’s following through on that pledge; Dogecoin payments on Tesla’s online shop have gone live for select items.

Customers can now choose to purchase a selection of items using the crypto including an electric cyberquad for 12,020 DOGE (US$2,391), a “Giga Texas Belt Buckle” for 835 DOGE (US$166) and a cyberwhistle for around 300 DOGE (US$59).

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