Elon Musk announces Teslas can now be bought with Bitcoin | Fast Company

Elon Musk took to Twitter this morning to announce that customers will soon be able to buy a new Tesla using bitcoin instead of fiat currency.

The move to accepting bitcoins as payment comes roughly a month after Tesla announced it bought $1.5 billion worth of bitcoin and that it had plans to enable bitcoin as a payment option in the future.

In a further tweet, Musk clarified that Tesla would not convert the bitcoin payments into fiat cash, and would instead hold onto the bitcoin as bitcoin.

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