Musk says Tesla will accept dogecoin as a means of payment for some products

Tesla boss Elon Musk said Tuesday that the electric carmaker will accept dogecoin as a means of payment on a trial basis.

“Tesla will be able to accept payment for some products with Doge and we’ll see how it turns out,” Musk said on Twitter.

Dogecoin jumped up to 24%, up to $ 0.195, after the news.

Tesla It also sells products such as clothing, belt buckles, mini-models of its vehicles, “Cyberquad” miniature models for children and the “Cyberwhistle”, inspired by its long-awaited Cybertruck.

Tesla It had previously said that it would stop accepting bitcoin for car purchases, less than two months after the company began accepting the world’s largest digital currency as a form of payment.

Musk, a prolific Twitter user and cryptocurrency supporter, had asked users in May if they wanted Tesla to accept dogecoin in a Twitter poll.

Previously, he said that meme-inspired cryptocurrency dogecoin was a “scam” during his guest host announcement on the television show “Saturday Night Live” in May, causing its prices to drop.