Musk started advocating for Dogecoin after receiving requests from Tesla factory employees and SpaceX visitors to include the memecoin as an official mode of payment.
Tesla CEO Elon Musk revealed his intent to start accepting Dogecoin (DOGE) as official payment for Tesla cars “at some point”.
On March 13, Musk was interacting with the public at the Berlin Gigafactory, a Tesla manufacturing plant, wherein an audience member asked if Tesla can be bought using DOGE in the near future. Musk responded positively to the request:
Musk's response sparked enthusiasm among investors as the market price of the token witnessed a sudden surge. Dogecoin reacted by jumping from $0.172 to $0.188 at the time of writing, marking a 9.3% as the video gains traction on X.
