Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Elon Musk: 'You can now buy Tesla with Bitcoin'


Wed 24 Mar 2021 | 03:55 PM
Rana Atef

Billionaire and Tesla car company CEO Elon Musk has announced on Wednesday that customers can purchase Tesla cars with their Bitcoins.

The system of paying by the currency is now only applied in the US, however, Musk asserted that this system will be developed and expanded to several countries later.

Last month, Tesla has paid 1.5 billion dollars as investments in Bitcoin sending it to a new record.

https://twitter.com/elonmusk/status/1374617643446063105

The e-currency is now over 41,000 euro, instead of 5,600 euro last year. Musk asserted that Tesla will receive the currency without converting it to cash.

Elon Musk comments on Bitcoin Pay System

Currently, Musk is playing as a game-changer in the scene of business as he helped various companies to retain more gains through his controversial tweets such as Clubhouse.

Moreover, his leading car-company Tesla has started to invade the world of business driving Musk to be one of the top three richest men in the world on the Bloomberg index.