Elon Musk and Joe Rogan took aim at the memecoin craze during The Joe Rogan Experience on Friday, comparing it to gambling and musical chairs. Despite Musk’s own history of embracing Dogecoin — going as far as naming a government division Department of Government Efficiency (DOGE) with a Dogecoin logo — he warned against treating memecoins as serious investments.

But now there is another reason to worry about DOGE: Scammers are capitalizing on increased interest in its actions in order to defraud people of cryptocurrency, according to the online protection company McAfee, which researches and monitors digital scams.

Musk announced a new order in which he stated that it is "mandatory for the executive branch" to respond to the email on what they have done.

The Tesla Takedown movement is taking shape across the US as protesters gather outside the automaker's showroom to prevent people from buying cars of the company.