Elon Musk jokingly suggests a Dogecoin feature which might lead Tesla to mining DOGE

By: Ali Raza
Ali Raza
Ali plays a key role in the cryptocurrency news team. He loves travelling during his spare time and enjoys… read more.
on Jul 13, 2021
  • Elon Musk’s recent tweet had many believe that Tesla might start mining DOGE.
  • While never saying it openly, Musk joked that Tesla cars might render DOGE when a Shiba Inu passes by.
  • So far, Musk has often joked on Twitter, only for it to turn out that the jokes were real plans.

Elon Musk, the CEO of Tesla, recently once again showed his support of Dogecoin (DOGE/USD), albeit jokingly. In a recent tweet, Musk suggested that Tesla cars could get a feature that would allow them to render DOGE every time a Shiba Inu dog walks past the car on the street.

This has once again sparked a lot of debating on the nature of Musk’s idea, and whether the Tesla CEO is reaffirming his support for Dogecoin, or if he is thinking of embracing another memecoin, SHIB. Some even suggested that this might be a subtle hint that Tesla might start mining DOGE.

Musk’s Twitter jokes are not always just jokes

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

Of course, all of this is just community speculation, and Musk’s tweet is likely just a joke that it appears to be. With that said, there is a very thin line between jokes and a foreshadowing of actual plans and features that Musk might decide to implement. After all, he has hinted at things in supposed jokes in the past, such as his April Fool’s Day tweet that said that SpaceX will send Dogecoin to the Moon.

Naturally, it was a ludicrous idea, and pretty much everyone took it as a joke. Soon after that, however, it was announced that Musk will use nothing but Dogecoin to launch a satellite into space in 2022. Since then, the community has learned to carefully analyze Musk’s tweets and not take anything as a simple joke.

Musk also joked about creating a hot tub that would be powered by DOGE mining, and many have started pressing him into accepting DOGE as a payment method for Tesla — something that neither Musk nor the company addressed, which many in the community see as very suspicious.

Musk’s support for DOGE goes even beyond that, as his son, X Æ A-12, born in May 2020, became one of the biggest DOGE whales. Musk revealed in February of this year that he bought an undisclosed amount of DOGE for his son, and he even jokingly called him a toddler hodler, who never once said ‘sell.’ So, in reality, nobody knows how far Musk is willing to go to support DOGE, and so having it mined by Tesla whenever a Shiba Inu passes by would be far from the strangest thing he did.

Invest in crypto, stocks, ETFs & more in minutes with our preferred broker, eToro
10/10
67% of retail CFD accounts lose money