Hello, crypto friends, I am a big dog holder. Today, I want to share some gossip with you regarding the dynamics and real situation of Tesla's virtual currency sales. In my opinion, this is a scam. Below is a summary of my personal investigation into the actual situation of Tesla (the factory). The content is as follows.
Tesla has never issued an official virtual currency.
As of December 2025, Tesla has never issued any official cryptocurrency named 'Tesla', nor is there any official information indicating that they are preparing to issue their own virtual currency.
The real relationship between Tesla and cryptocurrency.
1. Only as an investor:
- Purchased $1.5 billion in Bitcoin in February 2021, becoming one of the first publicly traded companies to hold cryptocurrency.
- As of the third quarter of 2025, still holding 11,509 Bitcoins, worth approximately $1.31 billion, and realized $80 million in unrealized gains during that quarter.
- The company clearly stated, 'Focusing on Bitcoin investments and payment scenarios, there are currently no plans to issue its own token.'
2. Payment-related attempts:
- Briefly accepted Bitcoin for car purchases in 2021 but suspended due to environmental considerations.
- Started accepting Dogecoin for purchasing Tesla merchandise (excluding cars) in early 2025.
- A Dogecoin payment option appeared in the latest official website code (not yet activated), but Bitcoin-related code has been removed.
The truth about 'Tesla Coins' in the market.
There are indeed various tokens with the name 'Tesla' in the cryptocurrency market, such as TSLAX, TESLER, Tesla Coin, etc., but these are all projects issued by third-party platforms or communities and have no affiliation with Tesla, Inc.
- Stock tokens: TSLA tokens issued by exchanges like Binance represent real stocks and belong to securities tokenization services, not official Tesla products.
- Community tokens: Mostly meme coins that imitate the Tesla brand, some of which have scam risks.
Why are there rumors about Tesla issuing its own tokens?
1. Musk's personal social media: Musk frequently interacts with cryptocurrencies (especially Dogecoin) on platform X, which has been misread as a company strategy.
2. Third-party marketing: Some project parties use Tesla's brand influence to promote their own tokens, claiming to have collaborations with Tesla.
Summary
Tesla's current role in the cryptocurrency field is limited to being a holder of Bitcoin and exploring specific cryptocurrency payment scenarios, with no official indication that the company plans to issue its own virtual currency. All tokens with the name 'Tesla' in the market are third-party products.
Please be sure to verify official information before investing to avoid fraud risks.
