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“You can now buy a Tesla with Bitcoin” – Elon Musk

Elon Musk

Tesla CEO Elon Musk has announced that you can now purchase Tesla vehicles in the U.S. with Bitcoin.

Tesla revealed last month that it had bought $1.5 billion worth of bitcoin and that it would soon start accepting the world’s most popular cryptocurrency as a form of payment.

“You can now buy a Tesla with Bitcoin,” Elon Musk tweeted on his Official Twitter page

A support page on Tesla’s website explains how customers can pay for a Tesla using the digital currency. The company’s electric vehicles typically cost between $37,990 and $124,000 before tax.

People outside the U.S. will be able to buy a Tesla with bitcoin “later this year,” Musk said, without specifying which countries.
In order to accept the payment, Musk said Tesla is using “internal” and “open source software.”

He added that Tesla “operates bitcoin nodes directly.” Nodes are computers on bitcoin’s network that work to verify transactions and avoid the cryptocurrency from being spent twice.

 

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