Tesla now lets you buy some merch in Dogecoin

Illustration by Alex Castro / The Verge

Tesla now lets customers buy select items of merchandise using Dogecoin, the company’s CEO Elon Musk has announced. Products buyable with the meme-based cryptocurrency include the Cyberquad for Kids (12,020 doge / around $2,320), the Giga Texas Belt Buckle (835 doge / around $161) and the Cyberwhistle (300 doge / around $58). Business Insider notes that Dogecoin was up 16 percent to around $0.20 following the news.

The initiative was initially announced by Musk on Twitter on December 14th when he said that the company would “see how it goes” with the cryptocurrency payment option. It’s unclear if or when Tesla might eventually accept payment for its vehicles in Dogecoin, which Musk has previously said may be his favorite cryptocurrency.

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Author: Jon Porter