Is Tesla going to accept Dogecoin?

Electric carmaker Tesla, Inc. (TSLA) has begun accepting the Dogecoin (DOGE) cryptocurrency for certain merchandise on its website . The company’s CEO Elon Musk made the announcement on Twitter early Friday, Jan. 14,1 after teasing the possibility toward the end of 2021.

Dogecoin Surges as Tesla Begins Accepting the Crypto for Merchandise Purchases. Dogecoin surged Friday after Tesla began accepting the cryptocurrency for merchandise purchases on the electric-vehicle maker’s website.

Back in July 2021, Tesla CEO Elon Musk confirmed publicly during a conference that he owns a few cryptocurrencies, such as Bitcoin, Ethereum and Dogecoin , but he has repeatedly favoured the latter in interviews and posts on social media.