Dogecoin (DOGE) can be used to pay for some products on Tesla’s website. Elon Musk wasn’t joking. For the time being, customers cannot purchase Tesla models with Dogecoin. However, you can use DOGE to buy some small products on the website.
The highest value product that can be paid with Dogecoin is the “Cyberquad for Kids” model. It is listed for 12020 DOGE equivalent to $2347. However, this product quickly sold out.
According to our observations, the prices of products listed by DOGE on the website are quite stable. The price is not changed continuously according to the DOGE/USD exchange rate. It seems that Tesla has set a limit for exchange rate changes.
Currently the products being tested for payment in Dogecoin include some apparel and some lifestyle products. The list includes the following products: Giga Texas Belt Buckle (835 DOGE), Cyberquad for Kids (12020 DOGE), Cyberwhistle (300 DOGE), Cybertruck Graffiti Cuffed Beanie (205 DOGE), Cybertruck Graffiti Trucker Hat (200 DOGE)
The acceptance of Dogecoin was also announced by Elon Musk 1 month ago. At the time, this claim was met with many doubts. However, it turned out to be true. Elon Musk’s statement on Twitter has received a lot of praise.
Responding positively to this news, DOGE’s price has continuously increased in recent days. Musk has done exactly what he has said in the past.