Tesla

Elon Musk teases the possible return of Dogecoin as a payment option for Tesla merchandise

Elon Musk, the Chief Executive Officer (CEO) of Tesla, has suggested that Dogecoin (DOGE) may be reintroduced as a payment option for Tesla items. This comes after Tesla successfully defended against a lawsuit that accused them of manipulating the price of Dogecoin. Musk’s recent remarks have incited conjecture among the crypto community on the potential reintroduction of DOGE as a payment alternative on Tesla’s platform. In January 2022, Tesla formerly

Tesla’s surprise Bitcoin boost sparks speculation and future market impacts

Tesla’s Bitcoin holdings have seen a significant increase, with Arkham Intelligence revealing a total of 11,509 BTC, surpassing the amount disclosed in their last earnings call. Tesla has also made a fresh purchase of $5.94 million worth of Bitcoin, further fueling speculation and interest in their cryptocurrency strategy. In February 2021, Tesla invested $1.5 billion in Bitcoin and briefly accepted it as a payment method for their electric cars. However,