Billionaire Elon Musk and cryptocurrency aficionado on Tuesday asked his 54 million followers on Twitter "Do you want Tesla to accept Doge?", referring to a digital currency worth roughly 48 cents
By Subrat Patnaik and Bhargav Acharya
(Reuters) -Billionaire Elon Musk and cryptocurrency aficionado on Tuesday asked https://bit.ly/33xrDHR his 54 million followers on Twitter "Do you want Tesla to accept Doge?" referring to a digital currency worth roughly 48 cents with no real-world use.
The question, in the form of a Twitter poll, comes days after he called dogecoin a "hustle," sending the meme-inspired cryptocurrency's price reeling after a 700% rally in a month.
A proponent of digital currencies, the Tesla Inc chief executive made the comment as a guest host on the "Saturday Night Live" TV show this past weekend.
Musk is one of the world's richest people and the owner of several futuristic companies, including SpaceX and Neuralink. He has used his candid Twitter feed to give his opinion on cryptocurrencies, including bitcoin, most times affecting their price.
In March, Elon Musk said U.S. customers could purchase Tesla vehicles with bitcoin, marking a significant step forward for the cryptocurrency's use in commerce. The electric-car maker had bought $1.5 billion worth of bitcoin earlier this year, propelling its prices to record highs.
Based on current prices, one would need nearly 80,000 dogecoins or 0.7 bitcoin to buy the cheapest Tesla Model 3 car.
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