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Subject: Tesla cars can be bought in Bitcoin

Written By: Philip Eno on 03/24/21 at 6:05 am

Tesla customers can now buy their car with Bitcoin, company chief Elon Musk has said.

Mr Musk, a well known Bitcoin enthusiast, made the unexpected announcement in a tweet.

But Bitcoin's value rapidly moves up and down - meaning the cryptocurrency price of the car could change day to day.

Tesla has invested heavily in the digital currency, buying $1.5bn (£1.1bn) worth of Bitcoin.

And that apparent vote in confidence saw Bitcoin's value shoot to a record high.

https://www.bbc.co.uk/news/technology-56508568

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