Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Musk confirms Tesla will take doge for merch

01/14/2022 | 10:09am EST

Tesla will take dogecoin for some merchandise.

Elon Musk confirmed the news in a Tweet on Friday (January 14), after floating the idea last month.

Dogecoin surged in value by around 14% following the news.

Anyone with enough of the meme-inspired coin can now choose from Tesla merch.

That includes apparel, belt buckles, a quad bike for kids, and a "Cyberwhistle" modeled after its long-awaited Cybertruck.

The Tesla boss owns some of the currency, which has often been roiled by his Tweets.

Dogecoin enjoyed 4,000% gains in 2021, partly thanks to endorsements by Musk.

But he called it a "hustle" during an appearance on Saturday Night Live back in May, causing its price to tumble.

Right now though, Musk seems to back with the dogecoin bulls.

ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
INSPIRED PLC 0.00% 19.5 Delayed Quote.6.85%
ON SEMICONDUCTOR CORPORATION -6.38% 59.01 Delayed Quote.-13.12%
TESLA, INC. -3.38% 995.65 Delayed Quote.-5.78%
Latest news "Economy & Forex"
04:14aNearly 30 generic drugs manufacturers sign agreement to produce low-cost versions of merck's covid pill molnupiravir
04:11aSterling holds close to 23-month high versus euro
04:09aRussian rouble slides versus dollar, geopolitics in focus
04:07aNorway on track for March rate hike, central bank says
04:05aGold choppy as firmer yields battle softer dollar
04:04aFlixmobility preparing for potential purchase of new trains for around 1 bln euros - handelsblatt, citing financial sources
04:02aBlinken arrives in Berlin for Ukraine talks with European allies
04:02aNorway on track for March rate hike, central bank says
04:01aEmirates Cleared To Resume All US Operations
03:59aGerman producer prices register record 24.2% jump in December
Latest news "Economy & Forex"