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Tesla Begins Accepting Dogecoin On Online Store, Displays Pricing Of Several Merchandise Directly In Meme Currency

Benzinga2022-01-14

Tesla Inc has begun to accept and denominate merchandise on its online shop in Dogecoin.

What Happened:Items listed in the “lifestyle” section of its shop, such as Giga Texas Belt Buckle, Cyberquad for Kids, and the Cyberwhistle were priced in DOGE.

The belt buckle was listed for 835 DOGE, Cyberquad for Kids for 12020 DOGE, and Cyberwhistle for 300 DOGE. At press time, DOGE traded 5.9% higher at $0.18.

Dogecoin co-creator Billy Markus noted Tesla’s move in a Tweet late night Thursday.

Why It Matters:Upon clicking payment and filling in a form a QR code is displayed which allows for DOGE payments on the website.

The user is given 30 minutes to complete payment before the DOGE amount expires. A countdown is displayed on the payment page.

Lately, rumors regarding DOGE acceptance have boosted the price of the meme cryptocurrency.

Earlier last month Tesla CEO Elon Musk had said the company “will make some merch buyable with Doge & see how it goes.”

Notably, at press time, vehicles continued to be priced in dollars along with other items on the Tesla website.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment9

  • Wtt
    ·2022-01-14
    Good
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  • 7united
    ·2022-01-14
    Help like 
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  • 7united
    ·2022-01-14
    Hi
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  • phongy 45
    ·2022-01-14
    Good , any secure mode?
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  • Mengi
    ·2022-01-14
    Like
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  • StarGate
    ·2022-01-14
    How about tiger coin this year to start with?
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  • Ericdao
    ·2022-01-14
    Musk getting the company into big trouble soon 
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  • Aoyjai
    ·2022-01-14
    Here we go again 
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  • DarkFate
    ·2022-01-14
    Like
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