Elon Musk discloses that Tesla owns Dogecoin


Elon Musk has been hyping cryptocurrencies for years, especially the meme crypto, dogecoin, which often spikes on his comments, but on Tuesday the world’s richest man reversed course, saying he never recommended anyone buy cryptocurrencies. His comments came, of course, after a brutal second round of selloffs during the “crypto winter” of 2022.