Elon Musk is promoting his upcoming performance on Saturday Night Live with further suggestions to tout the cryptocurrency Dogecoin as he reveals that Telsa Cybertruck’s prototype had come with him to New York City.
Tesla’s CEO and ‘Technoking’ will host the NBC sketch comedy show Saturday at 11:30 p.m., in what creator Lorne Michaels sees as a risky gamble to boost ratings and expand audiences.
On Friday night, Musk posted a photo of himself and musical guest Miley Cyrus along with the Shiba Inu dog from the meme that inspired the creation of Dogecoin, a joke crypto that is up 15,000 percent this year thanks to Musk’s promotion.
Musk revealed in another tweet that his Cybertruck prototype will be in New York through Sunday, and on Friday night the signature vehicle was rolled through Lower Manhattan.
Musk posted a photo of himself, musical guest Miley Cyrus and Australian rapper The Kid Laroi along with the Shiba Inu dog from the meme that inspired the creation of Dogecoin
Musk is the rare business tycoon asked to host the venerable sitcom, and his roster has thrown feathers among some cast members, with Bowen Yang and Aidy Bryant are posting Instagram stories targeting the billionaire.
After Musk, known for his unique banter on Twitter, tweeted ‘Let’s see what live Saturday Night Live really is’, Yang posted the tweet to Stories with the response ‘what the f *** does this actually’.
And hours after the hosting announcement, Bryant appeared to have a subtle shot at Musk, the world’s second richest man, by posting an old quote from Senator Bernie Sanders calling it a “ moral obscenity ” that the 50 richest people in America own more than the bottom half combined.
‘I’m a wildcard, I don’t know what I could do,’ Musk, wearing a black bandanna, joked this week in a promotional video for the show alongside musical guest Cyrus. “Same here,” Cyrus said. ‘Rules? No thank you.’
Friday night, the signature Cybertruck rolled through Lower Manhattan
Musk revealed in a tweet that his Cybertruck prototype will be in New York until Sunday
Cyber truck specifications
Three versions are planned:
Single motor rear wheel drive
- 250 mile range
- 7,500 lb. towing capacity
- 0-60mph in less than 6.5 seconds
- Costs $ 39,900
Four-wheel drive with twin motor
- 300 mile range
- 10,000 pound towing capacity
- 0-60mph in less than 4.5 seconds
- Costs $ 49,900
Four-wheel drive with three motors
- 500 mile range
- Towing capacity of 14,000 pounds
- 0-60mph in less than 2.9 seconds
- Costs $ 69,900
(This version will not start production until the end of 2022.)
Observers see Musk’s roster, who has 53 million followers on Twitter, as an attempt to expand SNL’s audience beyond the coastal elite the show is targeting.
With the price of Dogecoin soaring, investors eagerly anticipate Musk’s appearance and hope he will tout the crypto on the air.
On Thursday, Musk tweeted, “Cryptocurrency is promising, but please invest carefully!” with an attached video clip in which he said, ‘it should be considered speculation on this point. And so, you know, don’t go too far into crypto speculation … ‘
But he also said in the video that cryptocurrency has a “good chance” of becoming what he called “Earth’s future currency.”
‘My dogecoin went up after you tweeted,’ one person yelled at Musk in the video. ‘You are great. How did you do it? ‘
On crypto data tracker CoinGecko.com, dogecoin is up more than 800% in the past month and is now the fourth largest digital currency, with a market cap of $ 81 billion.
Dogecoin hit an all-time high of $ 0.74 on Friday and was up 25 percent on the last day at $ 0.72.
It has overtaken more widely used cryptocurrencies such as litecoin and tether.
“Dogecoin’s latest rise is a continuation of the bigger silly theory trend we’ve seen in recent months,” said David Kimberley, an analyst at investment app Freetrade.
Observers see Musk’s roster, which has 53 million followers on Twitter, as an attempt to expand SNL’s audience beyond the coastal elite the show is targeting.
More people know what’s going on and want to jump on the gravy train to make a quick buck. It’s very likely that Elon Musk pumping the coin on prime-time US TV tomorrow will only serve to put things together and push the price up. ‘
Tesla said in February that it bought $ 1.5 billion worth of Bitcoin and would soon accept it as a form of payment for its electric cars, a big step toward mainstream adoption that pushed Bitcoin to a record high of nearly $ 62,000. .
Tesla shares closed 1.3 percent higher at $ 672.37 on Friday.