Table of Contents

Table of Contents

The News: Use Bitcoin to Buy a Tesla

On the 24th of March 2021, Tesla CEO Elon Musk announced via Twitter, “You can now buy a Tesla with Bitcoin”. Musk continues by saying, “Tesla is using only internal and open-source software and operates Bitcoin nodes directly. Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency”. Initially, this will only be available to those in the US. However, Musk stated in his final tweet, “Pay by Bitcoin capability available outside of US later this year”.