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Elon Musk Says They Are Adapting “BITCOIN” As Their New Payment Method For Buying Tesla Electric Vehicles



Welcome development! Tesla CEO, Elon Musk surprised internet users yesterday after he officially announced that the company has added Bitcoin as a form of payment in buying Tesla electric vehicles in the U.S.

He had last month announced that the company was working on implementing digital currency as a means of purchasing electric cars and it looks like the agreement has officially been signed.

Revealing this via his Twitter page yesterday, he tweeted – “You can now buy a Tesla with Bitcoin,”

Musk also went on to clarify in another tweet that Tesla will be keeping the money received from customers as bitcoin, rather than converting it to a traditional currency like dollars.

Musk also said that the option to pay with bitcoin will be available to other countries “later this year.”

“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.”

The new move came into place after the billionaire revealed that it had bought $1.5 billion worth of bitcoin and would soon start accepting the world’s most popular cryptocurrency as a form of payment.

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