Elon Musk Asks if Tesla Should Accept Dogecoin, Crypto’s Fans Celebrate

Elon Musk Asks if Tesla Should Accept Dogecoin, Crypto’s Fans Celebrate

Dogecoin's fanbase has reacted with excitement after self-styled "Dogefather" Elon Musk hinted that Tesla could be considering acceptance of payments made in the cryptocurrency.

Musk, who is the CEO of the electric car company, posted a poll on Twitter Tuesday morning asking: "Do you want Tesla to accept Doge?"

The tweet has triggered a swell of enthusiasm on social media, as well as an instant rise in Dogecoin's value, with the cryptocurrency surging from $0.46 to $0.54 in the moments after Musk's poll went live, according to CoinMarketCap.