You can now buy a Tesla with Bitcoin

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Technoking from You’re hereElon musk announced today that customers can purchase Tesla vehicles with Bitcoin.comas payment.

In a tweet, Musk added:

“Tesla only uses internal and open-source software and operates Bitcoin nodes directly. Bitcoin paid to Tesla will be kept as Bitcoin and not converted to fiat currency. Pay by Bitcoin capacity [will be] available outside the US later this year. “

In February 2021, Tesla opened up the possibility of accepting Bitcoins as payment for its products and purchased $ 1.5 billion value of the cryptocurrency. In its deposits with the US Securities and Exchange Commission (SEC), the electric vehicle giant said Bitcoin would offer more flexibility to further diversify and maximize returns from its products.

On February 8, after Tesla announced this development, Bitcoin’s value jumped 14% to $ 44,000, and Ethereum jumped seven percent.

According to reports, during his interaction with the social media chat site Clubhouse, Elon said, “I think, at this point, that Bitcoin is a good thing, and I am a supporter of Bitcoin.”

Elon musk

Earlier this month, in a regulatory filing with the U.S. SEC, Tesla said its founder and CEO Elon Musk would now be known as Tesla Technoking. The repository also added that Zach kirkhorn will bear the title of ‘Master of the Currency’ – a position made popular by the fantasy series Game of Thrones.

For a few months now, Musk has been turning heads with his growing interest in cryptocurrency. the Shiba Inu themed cryptocurrency, Dogecoin, also attracted special interest from the founder of SpaceX.

Musk shared a series of tweets, promoting Dogecoin, which was first a cryptocurrency joke. Musk had also added the hashtag #bitcoin to his Twitter bio for a brief period, which briefly helped push the price of the cryptocurrency to nearly 20%.



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