- Dogecoin stayed steady around 16–17 cents despite rumors about Elon Musk being replaced as Tesla CEO.
- Tesla denied the claims, reaffirming Musk’s role and calling the report completely false.
- Tesla continues to accept DOGE for merchandise, keeping its crypto relationship unchanged since 2022.
Dogecoin didn’t really flinch much this week — even with a flurry of rumors swirling about Tesla possibly hunting for a new CEO to replace Elon Musk. The price of DOGE kinda bounced around between 16 and 17 cents over the last day, more or less mirroring the broader crypto market’s sleepy behavior.
Now, it’s no secret that Elon’s name and Dogecoin have been tied at the hip for a while. Whenever he tweets something random (or even sneezes too loud), DOGE tends to react. So when the Wall Street Journal floated a report claiming Tesla’s board was talking to search firms to maybe find a new chief executive… yeah, it raised some eyebrows.
But Tesla shot back fast. Their post on X (yeah, Twitter) said: “This is absolutely false (and this was communicated to the media before the report was published).” They doubled down, saying Elon’s still the guy running the show and that the board is fully behind him.
Musk himself didn’t hold back either — he called the report “a deliberately false article” and left it at that.
Even though it was a mini media frenzy, DOGE stayed pretty chill. Maybe folks weren’t buying the drama — or maybe they’re just getting used to the headlines by now.
Let’s not forget: Tesla still accepts Dogecoin for merch on its site. And yep, it’s the only crypto they take. You can link your DOGE wallet, buy a belt buckle or a cyber whistle, and send those coins directly to Tesla’s wallet. That part hasn’t changed since early 2022.
So yeah, rumors aside, Dogecoin’s just doing its thing — flat for now, but you never know when Elon might tweet again.
