The invention relates to a telescopic power supply plug, which is applied to an electric appliance product with a plug or an extending wire socket with the plug. The telescopic power supply plug comprises a casing, a base, a plurality of plug pins and a moving part, wherein the casing is provided with an accommodating part for accommodating the base, the plug pins are inserted and arranged on the base, the base is rotatablely arranged in the accommodating part in a way capable of ascending and descending, the moving part is movably arranged in the accommodating part, the base is driven to move in the accommodating part through the movement of the moving part, and in addition, the moving direction of the base is parallel to the insertion connection direction of the plug pins. Therefore, the plug pins inserted and connected onto the base can ascend or descend in the accommodating part, the storage is convenient, and in addition, the telescopic power supply plug is safely carried.