Advertisement
AD

Main navigation

BREAKING: Tesla Starts Accepting Bitcoin

Advertisement
Wed, 24/03/2021 - 6:58
BREAKING: Tesla Starts Accepting Bitcoin
Cover image via stock.adobe.com
Read U.TODAY on
Google News

E-car manufacturer Tesla has started accepting Bitcoin, according to a new tweet by CEO Elon Musk, marking a new milestone for the cryptocurrency's adoption. 

Advertisement

The whole fleet of the company's electric cars (Model S, Model Y, Model 3, and Model X) can now be purchased with the help of the largest cryptocurrency in the U.S.    

Tesla
Image by @Excellion

It's important to note that Tesla will keep its coins instead of converting them into U.S. dollars. 

Tesla initially announced that it would start accepting Bitcoin as a form of payment for its products in its 10-K report with the U.S. Securities and Exchange Commission in early February. 

Back then, it also disclosed its $1.5 billion Bitcoin purchase that was a major fillip for Bitcoin's corporate adoption. Rumor has it that Elon Musk's SpaceX purchased the cryptocurrency as well. 

Related
Messaging App Touted by Elon Musk Now Accepts Cryptocurrency Donations

Bitcoin is currently trading just below the $55,000 level.   

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD