Tesla’s Elon Musk confirmed on Tuesday the carmaker would accept Dogecoin for payment of certain products on a test basis.
“Tesla will make some merch buyable with Doge & see how it goes,” Musk tweeted.
Dogecoin’s price popped in the wake of the tweet, spiking over $0.20.
But information as to the actual offer is still limited. Tesla sells a range of merchandise that can cost anywhere between $50 and $1,500.
Earlier this week, Musk was named TIME Magazine’s Person of the Year.
While Dogecoin started as a joke, it now means serious business. Back in May, Dogecoin exploded in popularity as big names rallied behind it, including Elon Musk who tweeted, “Who let the doge out?”.
