Elon Musk is back in the spotlight—this time with two massive announcements shaking up both the crypto world and the auto industry.
Tesla Will Accept Dogecoin for Some Products
During a live event, Musk confirmed that Tesla will begin accepting Dogecoin (DOGE) as payment for select merchandise.
“We’ll try letting people buy some Tesla merch with DOGE and see how it goes,” Musk said.
Following the announcement, DOGE surged over 23%, sending crypto Twitter into a frenzy.
Tesla’s Full Self-Driving Service Launches This June
In Tesla’s Q1 earnings call, Musk revealed that the company is launching its first full self-driving ride service this June in Austin, Texas, with more cities to follow.
He claims it could bring major financial returns by the second half of 2026.
Tesla Stock Soars as Musk Steps Away from DOGE Committee
In a surprise twist, Musk announced he’ll be stepping away from his role with the “DOGE Efficiency Committee” to focus more on Tesla.
Almost instantly, Tesla stock jumped 20%, from $237.97 to $286.85, signaling renewed investor confidence.
U.S. Eases Self-Driving Regulations—Musk Cheers
The U.S. government just announced a major rollback of restrictions on autonomous vehicles, replacing complex state-level rules with a single national framework.
This is a big win for Tesla, allowing for faster testing and deployment of its AI-driven cars.
Musk Refocuses on Tesla After Rough Quarter
Following a tough Q1 where Tesla reported a 71% drop in net income, Musk says he’s cutting distractions and putting his full focus back on Tesla’s long-term mission.
“It’s time to double down,” he said bluntly.
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