Tesla customers can purchase select items using Elon Musk’s preferred cryptocurrency, Dogecoin.

Elon Musk, the CEO of Tesla, has been open about his fondness for Dogecoin, a cryptocurrency based on an internet meme. Whenever he discusses Dogecoin, its value tends to fluctuate. After facing backlash for his previous attempt to link Tesla with Bitcoin, Musk has mostly kept his cryptocurrency endeavors separate from the company. However, in a recent development, Musk has decided to give it another try, this time with Dogecoin, but on a smaller scale.

In a casual tweet, Musk revealed that Tesla will now accept Dogecoin as payment for specific Tesla merchandise. It’s essential to note that this does not apply to purchasing Tesla vehicles with Dogecoin, but rather items related to the company and its products, such as clothing, accessories, and novelty items. For instance, a small whistle resembling the Tesla Cybertruck would be priced at 300 Dogecoin, approximately equivalent to $59 USD. Musk’s new approach with Dogecoin is likely an effort to reintroduce the concept to consumers as Dogecoin has a smaller environmental impact compared to Bitcoin and is not suitable for significant purchases.

Tesla merch available for purchase with Dogecoin

— Elon Musk (@elonmusk) January 14, 2022

To buy Tesla merchandise using Dogecoin, customers must set up a Dogecoin wallet for transferring funds. Tesla has advised that Dogecoin transactions are non-refundable and non-cancellable and may take several hours to process. Moreover, if a customer overpays in Dogecoin, Tesla will not be able to refund the excess in Dogecoin.

After the announcement this morning, the value of Dogecoin surged by 15%.