Cybertruck Gets Dogecoin Makeover: Tesla Owner Unveils Unique Elon Musk's Favorite Cryptocurrency-Inspired Vehicle Wrap
- by Benzinga.com
- Oct 10, 2024
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October 10, 2024 5:54 AM
| 2 min read See Also: Elon Musk Says Potential ‘DOGE’ Department Under A Trump Administration Will Be A ‘Garbage Collector’ For Regulations That Don’t Make Sense
Why It Matters: Musk has repeatedly expressed enthusiasm for the cryptocurrency on social media, even briefly changing Twitter’s logo to the Shiba Inu in April 2023.
The cryptocurrency’s value has experienced dramatic fluctuations, often in response to Musk’s comments. While Dogecoin has seen a 19,109% increase since its 2015 inception, it remains down 68.15% from its June 2021 peak, according to market data.
Tesla has embraced Dogecoin beyond Musk’s personal interest, allowing customers to purchase select merchandise using the cryptocurrency.
Additionally, Musk’s political engagements include supporting Republican presidential candidate Donald Trump and potentially forming a Department Of Government Efficiency, abbreviated as D.O.G.E, if Trump is reelected.
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