By Elon Musk, the owner of the electric car maker, Tesla has announced that a Tesla vehicle can now be bought with the world’s most popular cryptocurrency, Bitcoin.
Mr Musk disclosed this in a series of tweets posted on his official Twitter handle on Wednesday.
“You can now buy a Tesla with Bitcoin,” he tweeted.
You can now buy a Tesla with Bitcoin
— Elon Musk (@elonmusk) March 24, 2021
The business magnate said further that, “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.
“Pay by Bitcoin capability available outside the US later this year,” he said.
This tweet by the business magnet has sent the price of the world’s most popular cryptocurrency soaring.
Last month, the electric carmaker Tesla invested $1.5 billion in the virtual unit, while Twitter chief Jack Dorsey and rap mogul Jay-Z said they are creating a fund aimed at making Bitcoin “the internet’s currency”.
Others jumping on the bandwagon include Wall Street player BNY Mellon, investment fund giant BlackRock, and credit card titan Mastercard.
Bitcoin, which was launched back in 2009, hit the headlines in 2017 after soaring from less than $1,000 in January to almost $20,000 in December of the same year.
