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Tesla merchandise buyable using dogecoin, says Elon Musk

Musk has often endorsed dogecoin and said it is better for transactions

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By Reuters

Published: Fri 14 Jan 2022, 11:44 AM

Tesla Inc merchandise can be bought using the digital currency dogecoin, the electric-car maker's Chief Executive Officer Elon Musk said in a tweet on Friday.

Products such as the "Cyberwhistle" and "Cyberquad for Kids" could be bought using the cryptocurrency, according to the Tesla website.

Musk had tweeted in December saying Tesla will accept dogecoin as payment for merchandise on a test basis.

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Musk, a cryptocurrency supporter, has often endorsed dogecoin and said it is better for transactions, most recently in an interview to the Time magazine, which named him "Person of the Year" for 2021 on Monday.

He had asked users in May if they wanted Tesla to accept dogecoin in a Twitter poll. He had called dogecoin a 'hustle' during his guest-host spot on the "Saturday Night Live" comedy sketch TV show in May.

Musk, who has over 66 million followers on Twitter, has been highly engaged in this year's retail trading frenzy, tweeting about cryptocurrencies and helping send their prices soaring.

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Reuters

Published: Fri 14 Jan 2022, 11:44 AM

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