Tesla Makes A Big Announcement to Support Bitcoin - Android

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Tesla Makes A Big Announcement to Support Bitcoin - Android

When Elon Musk talks crypto, the market listens, and perhaps this has been one of the few major catalysts for Read More

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When Elon Musk talks crypto, the market listens, and perhaps this has been one of the few major catalysts for driving the Bitcoin bull run to where it’s headed right now.

Electronic Vehicle (EV) car manufacturer Tesla has officially begun accepting Bitcoin as payment for its range of electric cars. A Bitcoin payment button has also been added on the Tesla website.

Besides the new option, Musk added that the Bitcoin paid to the company will be retained in its original form and not converted to fiat currency; it will be added to the cryptocurrency reserves currently retained by the carmaker.