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Musk says ‘can now buy a Tesla with bitcoin’


Tesla Inc chief Elon Musk said on Wednesday that the provider’s electrical vehicles can now be bought using bitcoin and the option will be accessible outside the United States later this year. “You can now buy a Tesla with bitcoin,” he tweeted Wednesday, including that bitcoin paid to Tesla won’t be converted to conventional currency.The electric-car maker had last month said it bought $1.5 billion of bitcoin and would shortly accept it as a kind of payment for cars, sending the price of the planet’s hottest cryptocurrency soaring.Musk, that has been boosting cryptocurrencies through his Twitter accounts , had last month criticized conventional cash, saying if it”has negative real interest, only a fool wouldn’t look elsewhere. “You can now purchase a Tesla using Bitcoin– Elon Musk (@elonmusk) 1616569360000He had said that the difference with cash made it”adventurous enough” for its S&P 500 firm to maintain the cryptocurrency.Following Tesla’s investment in bitcoin, many companies, such as Uber Technologies Inc and also Twitter Inc had shared their views on the cryptocurrency. Https://reut.rs/3cg9gMPUber Chief Executive Dara Khosrowshahi said the ride-hailing firm talked and”quickly dismissed” that the idea of investing in bitcoin. However, he also added that Uber could accept the cryptocurrency because payment.Twitter had said earlier it was still undecided in holding bitcoin, although General Motors Co said it can evaluate whether bitcoin can be taken as payment due to its vehicles.Tesla recently added”Technoking of Tesla” into Musk’s record of official names.

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