Wednesday, April 21, 2021
Home Crypto News Market Breaking: Elon Musk Revealed Tesla Now Accept Bitcoin

Breaking: Elon Musk Revealed Tesla Now Accept Bitcoin

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Tesla and SpaceX CEO Elon Musk has announced that Tesla-branded vehicles can now be purchased directly with Bitcoin.


Elon Musk said Tesla is running its Bitcoin node and transactions will be done through an open-source software. The company will not convert the Bitcoin it receives into fiat money and will store them in its reserve as BTC.


Currently limited only to the United States, the service is expected to be available to different countries later in the year.


Customers can now see Bitcoin among their payment options when buying on the Tesla website. In a document filed with the SEC in early February, Tesla said it could receive payments in cryptocurrency.

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Mark Brennan
Mark Brennan
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.


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