The back-end code can be accessed through the Tesla checkout, or through this V2 code. Verified both by Planet Crypto and Tesla reporter Sawyer Merritt. It sees "SHIBA" feature alongside Bitcoin, Apple Pay, and several other potential payment methods.
However, SHIB hodlers should probably think again before lining up a Model S. Here’s why.
Tesla Website Includes Shiba Reference
While the website references “SHIBA”, the code does not trigger any scripts to run, nor is it enabled.
However, one programmer suggested that the code could form part of a new ‘Crypto’ payment gateway at checkout. Tesla previously accepted Bitcoin as a payment method but removed this after citing environmental concerns.
Instead, it could be a simple joke designed to tease cryptocurrency hodlers. The ‘ShibArmy’ has turned its back on Elon Musk, after the CEO confirmed he did not own any SHIB. This recent addition could be a joke at their expense. Some hodlers suspect that anyone with access to the Tesla website back-end could have just added it as a joke.
According to Watcher.Guru, the 'Shiba' reference has since been removed from the page. However, the V2 code listed above still appears to include the term.
Alternatively, the code only mentions SHIBA, and not SHIB - the official ticker for Shiba Inu Coin. It could be a codename for another payment method: Dogecoin.
Elon Musk’s support for Dogecoin is well-documented. The Dogefather recently described DOGE as “the people’s crypto”, and confirmed that he does own DOGE. With his company Space-X already accepting Dogecoin for its DOGE-1 mission, it seems more likely that SHIBA could be a nod to upcoming support for Dogecoin.
The official SHIB account also tweeted out the code, although with tempered expectations compared to its hodlers.
However, some SHIB-based accounts warned about the dangers of this speculation. Much like the rumours suggesting Robinhood could accept Shiba Inu, over-hyping rumours could lead to a significant SHIB crash when debunked - similar to after Musk denied owning SHIB.
SHIB’s price is currently $0.00007219 - up 11% in the past 24 hours and 100% in the last week.