Tesla Now Accepts Dogecoin For Some Of Its Merchandise

Tesla Now Accepts Dogecoin For Some Of Its Merchandise

Tesla is now allowing customers to purchase certain items from its online merchandise store with Dogecoin, revealed CEO Elon Musk through Twitter. Musk had originally announced the move in a tweet posted back in December last year, noting that the company would “see how it goes” once it has been implemented.

According to the official Tesla store, products purchasable by the Dogecoin cryptocurrency include the Giga Texas Belt Buckle for 835 DOGE, and the Cyberwhistle for 300 DOGE. Those hoping to spend their Dogecoins on something a bit more practical, the Cyberquad for Kids is priced at 12,020 DOGE. Tesla says the DOGE prices shown are inclusive of taxes and shipping charges, and notes that purchases made with the cryptocurrency are both non-returnable and non-refundable.

Tesla merch buyable with Dogecoin

— Elon Musk (@elonmusk) January 14, 2022

Besides the three items that have been mentioned, all of the other merchandise available via the online store still retain their prices in US dollars. On that note, it is also worth pointing out that Dogecoin is the only accepted currency if you wish to purchase the Belt Buckle, Cyberwhistle, or Cyberquad for Kids. It is not known if this is a bug, or is something that the company actually intended.

Photo: Tesla

As most may already know, this isn’t the first time Tesla has accepted cryptocurrency-based payments for its products. Back in February 2021, the company initially accepted Bitcoin for its cars but halted the decision just months after due to concerns regarding the currency’s negative effects on the environment. Meanwhile, Musk’s other venture, SpaceX, started accepting Dogecoin back in May last year as payment to launch an upcoming satellite (aptly named DOGE-1) to, you guessed it, the moon.

Photo: Tesla

Musk has been vocal regarding his support for Dogecoin, and even offered the developers help to improve on its efficiency. “They aren’t financial experts or Silicon Valley technologists,” the CEO told CNBC back in October. “That’s why I decided to support Doge, it felt like the people’s crypto.”

(Source: Elon Musk [1] [2] [3] / Tesla [1] [2] / CNBC)

The post Tesla Now Accepts Dogecoin For Some Of Its Merchandise appeared first on Lowyat.NET.

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