The thing had been mentioned by Elon Musk on December 14, it is now confirmed. On Twitter, the CEO of Tesla indicated that the firm now accepts payments in Dogecoin for the purchase of certain derivative products. As specified The Verge, Dogecoin payments currently only concern three catalog items: the Cyberquad for children (12020 doges, i.e. a little less than 2000 euros), the Giga Texas belt buckle (835 doges, around 140 euros) and the Cyberwhistle (offered at 300 doges, or 50 euros).
Unsurprisingly, Elon Musk’s announcement was enough to push up the price of Dogecoin by 11.19%, allowing it to reach 0.17 euros on January 14. Note, however, that we still do not know if Tesla intends to maintain this method of payment, for the moment the group simply wishes ” see how it goes with this new cryptocurrency payment option. It is therefore difficult to know whether the firm will offer payment in Dogecoin for its vehicles in the future.
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Tesla’s funny game with cryptocurrencies
This isn’t the first time Tesla has offered cryptocurrency payments. A little less than a year ago, the firm had indeed started to accept payments in Bitcoin for its vehicles… to finally stop only 49 days later. Tesla and Elon Musk then invoked the negative impact of Bitcoin on the environment. ” Cryptocurrencies are a good idea in many ways, and we believe they have a bright future, but it can’t come at the expense of the environment “, had on this occasion declared Elon Musk. This partial about-face with Dogecoin may therefore appear to be a lack of consistency on the part of the group and its CEO.
Tesla merch buyable with Dogecoin
— Elon Musk (@elonmusk) January 14, 2022
The Verge, however, points out that Elon Musk has repeatedly shown his interest in Dogecoin, a cryptocurrency that he appreciates for its accessibility to the “general public”. ” Lots of people I’ve talked to on the production lines at Tesla or building rockets at SpaceX own Dogecoins “, he explained to the microphone of CNBC last October “ They are not financial experts or connoisseurs of Silicon Valley. That’s why I decided to support the Doge, I feel like it’s a bit of the people’s crypto “.