Tesla will accept Dogecoin for merchandise: CEO Elon Musk

Dogecoin jumped as much as 24% on Tuesday after Tesla CEO Elon Musk tweeted, "Tesla will make some merch buyable with Doge & see how it goes." Tesla sells merchandise such as apparel, belt buckle, mini models of its vehicles and quad bike 'Cyberquad' for kids. Earlier, Tesla had said it would stop accepting bitcoin for car purchases.