Buy This Much DOGE Today And Afford A Tesla Model Y When The Crypto Reaches 25 Cents
Portfolio Pulse from Chris Katje
Dogecoin (DOGE) recently surpassed 8 cents, reaching highs not seen since April. Tesla Inc (TSLA) and Dogecoin are linked due to Elon Musk's support. Although DOGE can't currently be used to buy Tesla vehicles, it can be used for merchandise purchases. An investment in DOGE today could potentially allow an investor to afford a Tesla Model Y if DOGE reaches $0.25. To buy a Model Y priced at $43,990, an investor would need 175,960 DOGE, which would require an investment of $13,114.77 at the current DOGE price of $0.07452.
November 22, 2023 | 12:40 am
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Tesla Inc is mentioned in relation to Dogecoin, as the company's CEO Elon Musk supports DOGE, which has been used to purchase Tesla merchandise. The article speculates on the potential for DOGE to be used to purchase a Tesla Model Y in the future.
While the article links Tesla and Dogecoin through Elon Musk's support, there is no direct impact on Tesla's stock price from this speculative scenario. The potential for using DOGE to purchase a Tesla vehicle is not confirmed and remains speculative.
CONFIDENCE 60
IMPORTANCE 30
RELEVANCE 50