You can charge Tesla electric cars with Dogecoin cryptocurrency
Tesla's (NASDAQ:TSLA) electric vehicle supercharging station coming to Los Angeles' Hollywood neighborhood will accept payments in the cryptocurrency Dogecoin (DOGE).
Clothing maker Twin Birch founder Sawyer Merritt said construction of the supercharging station is progressing well. The site will also feature a futuristic-style eatery and drive-in cinema.
Construction of a Tesla supercharging station in Hollywood
Customers of the station, cafe and cinema will be able to pay with Dogecoin coins based on the dog meme. This will increase the practical value of DOGE once the establishments open, which is likely to happen before the end of this year.
Tesla began accepting Dogecoin as payment for various goods in 2022. The head of the company, Elon Musk, invested in DOGE and became famous as the popularizer of this digital asset. For his support of the coin, Musk was even nicknamed the Father of Dogecoin.