The price of DOGE increased by more than 17% within a day as traders quickly reacted to the news. Paying with Dogecoin for Tesla items is now possible, but there are specific conditions to be met.

Elon Musk, the CEO of Tesla and a Dogecoin supporter, has added Dogecoin as a payment method for certain Tesla products. This move has excited Dogecoin enthusiasts, leading to a significant spike in DOGE prices. Although Musk announced his intention to accept Dogecoin as payment for Tesla vehicles in the future, it is yet to be confirmed by the company.

Tesla shops are now accepting Dogecoin as a payment method for selected items, according to the Dogecoin help page on the Tesla website. However, there are conditions that need to be met when making a purchase using Dogecoin. These include restrictions on combining funds from multiple Dogecoin wallets, limitations on order changes or cancellations, and the absence of returns for items purchased with Dogecoin.

During an event at the Tesla Gigafactory in Germany, Musk expressed his interest in allowing customers to pay with Dogecoin in the future. Despite the enthusiasm from the crypto community, Tesla has not officially confirmed whether Dogecoin can be used to buy Tesla vehicles.