Tesla founder and CEO Elon Musk on Saturday announced on Twitter that the company’s supercharging station will soon accept cryptocurrency Dogecoin as payment. Dogecoin’s price witnessed a surge after the announcement.

Tesla’s Santa Monica Supercharger will officially accept Dogecoin as a mode of payment, making it the first Supercharger in Tesla’s network to accept the crypto as a payment method.

Also Read | Ukraine passes bill to legalise cryptocurrency amid tensions with Russia

In a tweet, Tesla console founder Ryan Zohoury said that only ten minutes after the new Santa Monica Superchargers was opened they were already full. Reacting to this, Musk said that he is planning a futuristic diner or drive-in theatre at the Supercharger station “and of course, you can pay in Ðoge”.

Musk, a vocal supporter of both Doge and Bitcoin, has long hinted that Tesla may implement Doge as a payment method. The company accepts Doge in its online store and there have been rumours that Tesla will accept the crypto in the future.

Also Read | New York Stock Exchange files trademark application for NFT marketplace

In the latest interview with Time magazine, Musk had also endorsed Dogecoin over any other crypto coin. “The transaction value of Bitcoin is low and the cost per transaction is high. At least at a space level, it is suitable as a store of value. But fundamentally, Bitcoin is not a good substitute for transactional currency,” he said adding that even though Dogecoin was created as a silly joke, it is better suited for transactions.

Also Read | Infosys Co-founder Nandan Nilekani calls crypto project launch ‘fake news’

The development comes after Musk announced in December that electric carmaker Tesla will accept Dogecoin for merchandise on a test basis and will launch some merchandise buyable with Doge. Tesla sells merchandise such as belt buckle, apparel, mini models of its vehicles, quadbike ‘Cyberquad’ for kids and ‘Cyberwhistle’ modelled after its much-awaited Cybertruck.

Also Read | US securities agency denies claims it’s harassing Elon Musk

Dogecoin was launched in 2013 by software engineers Jackson Palmer and Billy Markus as a faster and fun alternative to Bitcoin. It received its name and logo from a Shiba Inu meme that was viral several years ago. Originally, it was a satire on the scams of crypto coins at the time.