Elon Musk Announces Tesla Will Accept Bitcoins For Vehicle Purchases
Now it will be possible to use bitcoins, the most popular cryptocurrency today, as a form of payment for a Tesla car. This was announced by Elon Musk, president and founder of the company.
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On his Twitter account, the billionaire Elon Musk announced that it would now be allowed to buy a Tesla electric car with the cryptocurrency bitcoin.
“Now you can buy a Testa with bitcoins“He wrote. Adding:” Tesla is using only internal and open source software, and the Bitcoin nodes directly. ”
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
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Musk also clarified that the bitcoin that is paid to Tesla will be kept as such, that is, as cryptocurrency. It will not be converted to fiat currency; for example, dollars or euros.
This would go against what most companies that accept payments with this currency do. Due to the extreme volatility of the cryptocurrency, they immediately convert the amount received into dollars.
(We tell you: Employees report ‘super contagion’ in Musk’s company)
In the end, Musk reported that paying with bitcoins outside the United States It would be available at the end of 2021.
In the “terms and conditions” of sale, Tesla clarifies that the equivalent in bitcoins of the amount expressed in dollars must be paid. In addition, customers will have a deadline to complete their payment. Once expired, the amount can change.
(Also: Bitcoin exceeded, for the first time, $ 60,000 per unit)
In February of this year, Tesla announced that it had invested $ 1.5 billion in bitcoins. The price of the cryptocurrency skyrocketed at that time.
* With information from AFP