Elon Musk Announces Bitcoin Payment Option For Tesla Products

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Elon Musk, chief executive officer of Tesla Inc, an American electric carmaker, has announced bitcoin payment option for the company’s products.

Musk, in a series of tweets yesterday, said bitcoin payment option is only available in the United States, adding that it will be launched in other countries later in the year.

In February, Tesla had invested $1.5 billion in bitcoin.

He said bitcoin received through sales of Tesla’s products will be retained in its original form.



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