---
title: "Elon Musk Hints Tesla Might Soon Accept Dogecoin"
description: "Accepting Doge In a poll posted to Twitter, Tesla CEO Elon Musk asked his millions of followers if his car company should start accepting the joke-but-not-a-joke cryptocurrency Dogecoin. The price of the meme-themed token rallied some 20 percent after Musk posted the poll, recovering to pre-“Saturday Night Live” appearance levels, as Insider reports. Musk’s appearance […]"
date: "2021-05-11"
modified: "2021-05-11"
authors:
  - name: "Victor Tangermann"
    job_title: "Senior Editor"
    link: "https://futurism.com/authors/victor"
url: "https://futurism.com/the-byte/elon-musk-tesla-accept-dogecoin"
categories:
  - "Advanced Transport"
  - "Blockchain"
  - "Cryptocurrency"
  - "Elon Musk"
  - "Future Society"
  - "Tesla"
  - "The Industrialists"
tags:
  - "cryptocurrencies"
  - "dogecoin"
  - "elon musk"
  - "the digest"
---

# Elon Musk Hints Tesla Might Soon Accept Dogecoin

![In a poll posted to Twitter, Tesla CEO Elon Musk asked his millions of followers if his car company should start accepting the cryptocurrency Dogecoin.](<https://futurism.com/wp-content/uploads/2021/05/elon-musk-tesla-accept-dogecoin.jpg>)
*\<em\>Image: Futurism\</em\>*

## Accepting Doge

In a [poll posted to Twitter](<https://twitter.com/elonmusk/status/1392030108274159619>), Tesla CEO Elon Musk asked his millions of followers whether his electric car company should start accepting the joke-but-maybe-not-a-joke cryptocurrency [Dogecoin](<https://futurism.com/tags/dogecoin>).

The price of the meme-themed token rallied some 20 percent after Musk posted the poll, recovering to levels last seen before his *Saturday Night Live* appearance, as [*Insider* reports](<https://markets.businessinsider.com/currencies/news/dogecoin-price-elon-musk-tesla-poll-accept-meme-crypto-payment-2021-5-1030413415>).

Unsurprisingly, a 77 percent majority of Musk's followers endorsed Musk's suggestion for Tesla to "accept Doge" — though by press time it had fallen back to around $0.49 per coin, far short of its high of around $.072 during the leadup to Musk's *SNL* appearance.

## One Doge

The news also comes after Musk [announced on Sunday](<https://futurism.com/the-byte/spacex-dogecoin-mission>) that Dogecoin is literally going to the Moon, as has been suggested in countless memes. A SpaceX satellite called Doge-1 will launch some time next year, he says, a mission paid entirely with the digital currency.

"To the mooooonnn!!" an excited [Musk added](<https://twitter.com/elonmusk/status/1391523807148527620>). According to the billionaire, it will be "first" crypto and "meme" to go to space.

It wouldn't be entirely surprising for Tesla to accept cryptocurrencies as a form of payment. In February, Musk announced that Tesla will [start accepting Bitcoin](<https://futurism.com/the-byte/tesla-plan-sell-cars-bitcoin>) as payment for its electric vehicles.

The company also made significant investments in the cryptocurrency at the time, [selling some of them off](<https://futurism.com/tesla-just-sold-a-large-amount-of-the-bitcoin-it-just-bought>) towards the end of the first quarter for some much-needed liquidity.

Musk has long maintained that it's not a good idea to invest your life savings in cryptocurrencies — but he seems to be alright with people spending much of their live savings on vehicles using the tokens.

**READ MORE:**[ Dogecoin surges after Elon Musk hints Tesla could accept the meme-coin as payment](<https://markets.businessinsider.com/currencies/news/dogecoin-price-elon-musk-tesla-poll-accept-meme-crypto-payment-2021-5-1030413415>) \[*Insider*\]

**More on Dogecoin:** *[SpaceX Is Now Taking Dogecoin for Upcoming Moon Mission](<https://futurism.com/the-byte/spacex-dogecoin-mission>)*

## Author
I've been at Futurism since 2017, where my role has evolved to encompass design, writing, and increasingly editing. I've always been fascinated by space exploration and advanced transportation, which I've leaned into by interviewing luminaries in those fields while closely following the dimensions of policy and regulation that allow next-generation projects to succeed -- or, sometimes, to fail. I'm also keenly interested in the effects of generative AI on society, policies, and democratic institutions, as well as clean energy, physics and biology, and the vagaries of tech leadership. My work for Futurism has been cited by publications including Ars Technica, Gizmodo, PC Magazine, Jalopnik, Fox News, and the New York Post. I spent my childhood living in locations including Manila, the Philippines, and Geneva, Switzerland, attended McGill University, and now live in Toronto, Canada. Before Futurism I worked at AskMen and a small photography studio. In my free time, I'm an avid gardener, foodie, and craft beer lover, as well as a maker of artisanal hot pepper sauces. I have a magnificent dog named Freida.

### Author social links  
[Bluesky](<https://bsky.app/profile/vtanger.bsky.social>)