Elon Musk announces Dogecoin can buy Tesla merch, price jumps more than 15%

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INDIANAPOLIS — After Elon Musk tweeted Friday that Tesla merch can be purchased using Dogecoin, the price of Dogecoin jumped over 15%. In December 2021, Musk tweeted that “Tesla will make some merch buyable with Doge & see how it goes.”

Although those who invest in Dogecoin can now pay for Tesla merch using their current investment(s), it comes with a few stipulations. Some items you can purchase include Cyberquad for kids (12,020 doge or $2,320), Giga Texas Belt Buckle (835 doge or $161), and the Cyberwhistle (300 doge or $58).

Here’s what you need to know when trying to purchase Tesla merch using your Dogecoin:

  • Users will need a digital wallet so they can transfer the Dogecoin to Tesla.
  • It can take up to six hours for the payment to be confirmed.
  • Any orders paid for in Dogecoin cannot be canceled or refunded.

For more answered questions to purchasing Tesla merch with Dogecoin, visit Tesla’s Q&A page.

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