IMG-LOGO

Elon Musk Reveals Dogecoin Will Be Accepted at Tesla’s New Futuristic Diner, Drive-in Theater

News Feed - 2022-02-20 09:02:59

Elon Musk Reveals Dogecoin Will Be Accepted at Tesla"s New Futuristic Diner, Drive-in Theater


Elon Musk has revealed that Tesla’s upcoming futuristic diner and drive-in theater, planned for the Hollywood area, will accept the meme cryptocurrency dogecoin. The electric car company currently accepts DOGE for some merchandise on its website. Tesla CEO Elon Musk: ‘You Can Pay in Doge’


Tesla and Spacex CEO Elon Musk tweeted about future dogecoin payment acceptance Friday in reply to a tweet by developer Ryan Zohoury, who said a new Tesla supercharger station in Santa Monica, California, is almost full 10 minutes after it opened.


The Tesla boss tweeted, “And futuristic diner / drive-in theater planned for Hollywood area.” He added in a follow-up tweet: And, of course, you can pay in Doge.



At press time, the Tesla CEO has not clarified what exactly customers can pay for with the meme cryptocurrency. Some people assume that Tesla supercharger stations will accept dogecoin while others interpreted Musk’s tweet as applicable to only the upcoming diner and drive-in theater in the Hollywood area.


Nonetheless, Dogecoin’s supporters welcome Musk’s plan to further the adoption of the meme cryptocurrency.


The price of dogecoin, however, is fairly unaffected by this news. At the time of Musk’s tweet, DOGE was trading at $0.1417 based on data from Bitcoin.com Markets. While the price did subsequently rise slightly to $0.1450, it fell to $0.1411 at the time of writing.


In January, Tesla began accepting dogecoin for some merchandise. Musk then tried to get McDonald’s to accept DOGE by offering to eat a Happy Meal on television. However, the famous fast-food chain replied, “only if Tesla accepts grimacecoin.”


Musk, a longtime dogecoin supporter, is sometimes known in the crypto community as the Dogefather. The Tesla boss believes that DOGE is the people’s crypto and previously revealed that many people he talked to at Tesla and Spacex owned dogecoin. He said that dogecoin is the best crypto for transactions while bitcoin is more suitable as a store of value. Tags in this story drive-in theater, Elon Musk, futuristic diner, hollywood dogecoin tesla, superchargers, Tesla, tesla accepts doge, tesla accepts dogecoin, tesla diner, tesla doge, tesla dogecoin, tesla drive-in theater, tesla hollywood, tesla superchargers, tesla supercharter stations


What do you think about Tesla expanding its dogecoin adoption? Let us know in the comments section below. Kevin Helms


A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. Despite Recent Threats From Canadian Officials, "Real Crypto" or Decentralized Assets Cannot Be Frozen FEATURED | 1 hour ago Trudeau"s Government Warns More Accounts Will Be Frozen — Freedom Convoy Truckers Hold Their Ground FEATURED | 2 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleFed Bans Senior Officials From Cryptocurrency Investing Next articleShark Tank’s Kevin O’Leary Expects Bitcoin to ‘Appreciate Dramatically’ in 2-3 Years Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItMcDonald’s Trademark Filings Hint at Fast Food Giant"s Intent to Produce Metaverse Restaurants


Following a slew of well known brands filing trademarks for metaverse related products and virtual goods, the American fast food firm founded in 1940, McDonald’s, has filed for ten trademark applications that describe plans to offer virtual restaurants and other ... read more.Binance Invests $200 Million Into the Business Magazine and Digital Publisher Forbes Global Regulators "Going Full Steam" on Crypto — Official Says "Current Structure Is No Longer Fit for the Purpose" Fintech Specialists Predict Ethereum Price Hitting $6,500 This Year Before Rising to $26,338 by 2030 RBI: Cryptocurrency Is a Big Threat to Macroeconomic and Financial Stability in India