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Dogecoin holders can now use DOGE to purchase a Tesla

Dogecoin holders can now use DOGE to purchase a Tesla.
CREDIT: Getty Image

It is now possible to buy a Tesla electric vehicle using Dogecoin, However, not from the EV maker, Bots Inc, a worldwide blockchain technology company, recently stated that Dogecoin will be used to purchase automobiles likeTesla.

Bots Inc is one of the first public companies to accept Dogecoin as a form of payment for its goods and services.

The company is known for offering businesses blockchain-based solutions. Its most recent foray was into the vehicle dealership business.

Dogecoin has recently been promoted as a payment option for a variety of purposes. Things like the Dogecoin festival, which accepts Dogecoin as payment for tickets.

And Mark Cuban said that his Dallas Mavericks basketball team would begin accepting Doge payments. One feature that the community had been anticipating was the ability to pay for Tesla automobiles with Doge. Because its CEO Elon Musk is one of the most ardent proponents of the meme coin.

Bots Inc stated in a press statement that it opted to enable Doge payments to its merchants because it concurred with Mark Cuban and Elon Musk. Holders who want to buy a Tesla will be able to do so with their Doge.

Despite the fact that the vehicles being purchased are pre-owned. Regardless, used Teslas are still quite expensive. Cars like the Tesla Model 3 sell for a lot of money because people are willing to pay a lot of money for them.

Bots Inc will also allow their merchants to purchase cars with currencies other than Doge.

As cryptocurrencies such as bitcoin and dogecoin become more popular, many vehicle dealers and manufacturers have seen this as a way to reach out to new clients. With Bots, Tesla may consider accepting Dogecoin for vehicle purchases, providing the community immediate hope.

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