Tesla CEO Elon Musk Wants To Bring Back Dogecoin As A Payment Option To Buy Company's Merchandise
Portfolio Pulse from Anan Ashraf
Tesla CEO Elon Musk expressed interest in reinstating Dogecoin as a payment option for Tesla merchandise. This follows a recent legal victory where Musk and Tesla were cleared of allegations of market manipulation involving Dogecoin.
August 31, 2024 | 7:11 am
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Elon Musk's interest in reinstating Dogecoin as a payment option for Tesla merchandise could boost Tesla's appeal among cryptocurrency enthusiasts. The recent legal victory dismissing market manipulation allegations may also positively impact Tesla's stock.
Musk's support for Dogecoin payments could attract crypto-friendly customers, potentially increasing merchandise sales. The dismissal of the lawsuit removes a legal overhang, which may positively influence investor sentiment towards Tesla.
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