Dogecoin surged on Friday as Elon Musk confirmed Tesla now accepts the memecoin as a payment method 📈
. By the middle of December, the company said DOGE would be accepted for a range of Tesla merchandise — including a quad bike modeled after the Cybertruck that costs a cool $1,900.
Earlier this week, an open letter from Bitcoin Magazine urged Elon Musk and Tesla to reconsider their stance toward BTC — arguing that the cryptocurrency "accelerates sustainable energy adoption." Musk had previously said that the company would only open the door to Bitcoin transactions once it could be proven that at leastof the energy used by miners comes from renewable sources — and the magazine's policy team claims this threshold has now been met."It's a bit ironic that Tesla is so concerned about Bitcoin's energy sources.
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