BREAKING: Tesla Starts Accepting Bitcoin
- 24th March 2021
- Posted by: Hakeem
- Category: Business plans
E-car manufacturer Tesla has started accepting Bitcoin, according to a new tweet by CEO Elon Musk, marking a new milestone for the cryptocurrency’s adoption.
The whole fleet of the company’s electric cars (Model S, Model Y, Model 3, and Model X) can now be purchased with the help of the largest cryptocurrency.
Tesla initially announced that it would start accepting Bitcoin as a form of payment for its products in its 10-K report with the U.S. Securities and Exchange Commission in early February.
Back then, it also disclosed its $1.5 billion Bitcoin purchase that was a major fillip for Bitcoin’s corporate adoption. Rumor has it that Elon Musk’s SpaceX purchased the cryptocurrency as well.