DOGE Officially Added to Tesla's Payment Options but There's Catch

DOGE soars 21% as Elon Musk's e-car behemoth has officially included Dogecoin as one of its payment methods. In a recent development, prominent e-car producer Tesla run by Elon Musk has added Dogecoin as an official payment option to its website. The payments page has been updated, and now it includes Dogecoin, crypto community’s favorite meme coin.

However, Tesla still accepts DOGE only for merchandise in the online Tesla Shop. The addition says that “Dogecoin may also be accepted on select products.”

For the first time, Elon Musk’s company began to accept Dogecoin as an experiment in January 2022. Back then, the tech mogul stated, it was an experiment to see how it will go. Various company merchandise began to sell for DOGE — for example, Tesla Cyberwhistle and the “Giga Texas” belt buckle.