Home Business You can now buy Tesla with Bitcoins, Elon Musk tweets

You can now buy Tesla with Bitcoins, Elon Musk tweets

by Ayodeji Onibalusi
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Tesla CEO, Elon Musk has on Wednesday 24th of March, 2021, announced that customers can now purchase Tesla cars using Bitcoins.

Tesla Model y. Credit: Pixabay (CC)

According to Elon Musk, the company operates the digital currency nodes using only an internal and open source software that Tesla operates.

Elon further revealed that Bitcoins paid to Tesla will be retained as Bitcoin and would not be converted to fiat money.

This is an expected development as OYOGist.com recalls the CEO has earlier announced that Tesla has acquired Bitcoins worth $1.5 billion US dollars and would start accepting Bitcoins as means of payment for Tesla cars.

The digital currency would be accepted in as payment for Tesla cars only in the United States at the moment, Elon Musk tweeted. Users outside of the US would be able to purchase using Bitcoins at a soon-to-be-announced date.

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