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In a characteristically vague yet market-moving tweet, Elon Musk responded to a user suggesting Tesla integrate Dogecoin payments with a simple, 'We might do some of that too.' While lacking specificity, the comment reignites speculation around the automaker's crypto strategy, particularly given Tesla's prior acceptance of Dogecoin for merchandise. The phrasing—'some of that'—suggests multiple initiatives are under consideration, though no timelines or details were provided.
The tweet comes amid a broader crypto market downturn, with DOGE down roughly 60% from its 2021 highs. Musk's history of influencing DOGE prices with social media activity means even casual remarks can trigger volatility. However, his credibility on commitments has been called into question after previous delays in rolling out full Dogecoin integration. Traders are likely to watch for any follow-up announcements, particularly from Tesla's official channels or during earnings calls.
👇 Original Post on X
We might do some of that too
— Elon Musk (@elonmusk) May 29, 2026