Elon Musk said that Tesla began selling electric cars for bitcoin

Elon Musk announced the start of sales of Tesla electric cars for Bitcoin in the United States.

Pay by Bitcoin capability available outside US later this year

– Elon Musk (@elonmusk) March 24, 2021


The entrepreneur added that the option will become available outside the US “later this year.” According to him, the company has no plans to convert cryptocurrency into fiat money.

Tesla is using only internal & open source software & operates Bitcoin nodes directly.

Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.

– Elon Musk (@elonmusk) March 24, 2021


Musk stressed that Tesla has its own nodes.

Some US users noted that they do not see the option to buy with Bitcoin.

Not showing for me either. Wonder what processor or script they run to accept BTC. Someone want to buy a tesla and send me the address where they sent it?

– Larry Cermak (@lawmaster) March 24, 2021

On February 8, Tesla announced that it had invested $ 1.5 billion in bitcoin , after which the asset’s price began to skyrocket. At the same time, the electric car manufacturer announced plans to integrate digital gold as a means of payment for products.

On February 19, Musk called Tesla’s investment in the first cryptocurrency “risky enough . ” The billionaire hinted that it was not his decision.

According to analysts at Wedbush Securities, Tesla’s unrealized gains from digital gold were higher than from sales of electric vehicles in 2020. The company also announced the dependence of the company’s share price on the bitcoin rate .

We will remind, the former investment director of Goldman Sachs Gary Black urged Tesla to sell the first cryptocurrency to save stocks .

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