Musk confirms Tesla will take doge for merch

Tesla will take dogecoin for some merchandise.

Elon Musk confirmed the news in a Tweet on Friday (January 14), after floating the idea last month.

Dogecoin surged in value by around 14% following the news.

Anyone with enough of the meme-inspired coin can now choose from Tesla merch.

That includes apparel, belt buckles, a quad bike for kids, and a "Cyberwhistle" modeled after its long-awaited Cybertruck.

The Tesla boss owns some of the currency, which has often been roiled by his Tweets.

Dogecoin enjoyed 4,000% gains in 2021, partly thanks to endorsements by Musk.

But he called it a "hustle" during an appearance on Saturday Night Live back in May, causing its price to tumble.

Right now though, Musk seems to back with the dogecoin bulls.