Monday , 27 May 2024
Home Automobile Elon Musk blows Dogecoin with ‘Tesla’ statement

Elon Musk blows Dogecoin with ‘Tesla’ statement

Tesla CEO Elon Musk is preparing to take an important step regarding Dogecoin, which he has ‘supported’ with social media messages for the last 1 year.

“Tesla will allow some of its products to be bought with Doge and will see how it goes,” the famous billionaire said on his Twitter account.

Dogecoin, which was around $0.16 before the announcement, saw $0.20 within 10 minutes. So Musk’s tweet earned 25 percent in 10 minutes.

Of course, for the rest of the day, it will be followed how long the positive effect of this statement will continue in Dogecoin.


Elon Musk announced in March this year that Tesla started selling vehicles with Bitcoin. Sales with Bitcoin were originally made only in the USA. Musk said that this payment option will begin to be available in other countries over time.

However, about 2 months later, Tesla announced that it was suspending the sale of vehicles with Bitcoin on the grounds that its mining harms the environment. Although it has stopped its sales, Tesla has 43,200 Bitcoins as of the end of November.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles


AMC shares soar as judge rejects APE deal in surprise ruling

Shares in AMC Entertainment Holdings surged on Tuesday, after a judge denied...


Ferrari’s Next-Generation Flagship Hypercar, F250, Spotted Testing

Ferrari is preparing to unveil its highly anticipated next-generation flagship road car,...


Anticipation for Apple’s VR Headset Release Boosts VR Crypto Tokens

Apple Shares and VR Tokens Parallel Rise Apple’s share price has risen...


Exploring Europe with an Electric VW ID Buzz Van

Two people and a beagle named Hank recently embarked on a 2,000-mile...