Elon Musk may allow Tesla vehicles to be purchased with Dogecoin

Elon Musk asked all of his Twitter followers if his car manufacturing company Tesla should start accepting Dogecoin as payment.

@Jak_ConnorTT
Published Tue, May 11 2021 3:49 AM CDT   |   Updated Mon, Jun 7 2021 3:57 PM CDT

Elon Musk has been a long advocate for the now extremely-popular cryptocurrency Dogecoin. Now, the billionaire is asking if Tesla should accept payments in Dogecoin.

Back at the end of March, Musk announced that it was now possible to purchase Tesla vehicles with Bitcoin, which reinforced the idea that cryptocurrencies will eventually become more apart of everyday society. Now, Musk is publicly asking his 53 million Twitter followers if Tesla should accept Dogecoin as payment for vehicles. At the time of writing this, the public vote is sitting at 81% saying "yes", and only 22% saying "no".

Since the Tweet from Musk is so recent (10 minutes ago at the time of writing this), it's uncertain how the public vote will affect the price of Dogecoin. However, if the jump Bitcoin took when Tesla announced it was accepting the currency, is any indicator ($54K to $57K), we can expect that Dogecoin would have the same kind of reaction if Musk allowed purchases in Dogecoin.

Elon Musk may allow Tesla vehicles to be purchased with Dogecoin 02 | TweakTown.com
NEWS SOURCE:twitter.com

Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest news. Jak's love for technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

Newsletter Subscription

Related Tags

Newsletter Subscription
Latest News
View More News
Latest Reviews
View More Reviews
Latest Articles
View More Articles