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Elon Musk says Tesla now accepts bitcoin as a payment method

Elon Musk says Tesla now accepts bitcoin as a payment method

Tesla’s founder and CEO Elon Musk has said the electronic car maker now accepts bitcoin as a payment method. 

Musk said in a Tweet early Wednesday UTC time that “You can now buy a Tesla with Bitcoin.”

His Tweet came shortly after Twitter users started to notice the support for bitcoin as payment option in Tesla’s U.S. stores for all models of its electronic cars. 

The Block has verified Tesla’s official pages and was able to see the bitcoin payment support at least in its U.S. store but as of press time, it appears the option was removed. 

The support for bitcoin as a payment method is not surprising as the electronic car maker said in its February filing that it was planning to accept bitcoin.

Tesla also made headlines last month with its announcement that it made a $1.5 billion investment in bitcoin in January as part of its treasury management policy. 

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Author: Wolfie Zhao


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