
TESLA BUYS $1B IN DOGECOIN; ELON MUSK CLAIMS IT'S TO FUND MARS COLONY, REGULATORS SKEPTICAL
January 31, 2025 - In an unprecedented move that has left both financial and extraterrestrial analysts scratching their heads, Tesla has just diversified its portfolio in what can only be described as a cosmic gamble. The electric car giant announced a staggering $1 billion investment in Dogecoin, the cryptocurrency famously started as a joke. Elon Musk justified this interplanetary punt, stating the funds are earmarked for developing his much-anticipated Mars colony.
The announcement came during Musk's latest tweet spree, which featured not only his Mars plans but also a proposal for a Dogecoin-themed amusement park on the Red Planet, complete with zero-gravity dodgeball and a hall of mirrors reflecting the cryptocurrency's wildly fluctuating value.
Financial regulators, however, are less amused.
The announcement came during Musk's latest tweet spree, which featured not only his Mars plans but also a proposal for a Dogecoin-themed amusement park on the Red Planet, complete with zero-gravity dodgeball and a hall of mirrors reflecting the cryptocurrency's wildly fluctuating value.
Financial regulators, however, are less amused.