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Mar 26 2021

You Can Buy Tesla with Bitcoin, Elon Musk Says

 

Tesla grabbed the headlines last month when Musk bought $ 1.5 billion worth of bitcoin and said Tesla would soon accept it as a method of payment. Musk's purchase of Bitcoin in early February pushed its price up by around 10% to a record high of $ 44,000. But in the following weeks, Musk's bold move sparked widespread interest in the cryptocurrency, which pushed its price up to an all-time high of nearly $ 62,000 in coming weeks. Since then, the price of bitcoin has fallen from all-time highs but has risen about 4% after Musk's announcement. As of Wednesday, each bitcoin is worth $ 56,649.20.



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