Is tesla buying bitcoin

is tesla buying bitcoin

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Despite its poor environmental credentials, website explains how customers can pay for a Tesla using. Tesla notes that it reserves other coins like ether and.

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Tesla's February Bitcoin purchase caused the cryptocurrency to rise in price by more than 25% to $48, - a record high at the time. Tesla announced Monday it has bought $ billion worth of bitcoin. In a filing with the Securities and Exchange Commission, the company said. We hope you're excited to use Bitcoin to purchase eligible Tesla products and services! You can find a ton of helpful information here and in the �Bitcoin FAQ�.
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Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisors, or hold any relevant distinction or title with respect to investing. We also use trusted research and studies from other well-known sources. Disclosure Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. Kirkhorn said at the time that the company's intent was "to hold what we have long term and continue to accumulate Bitcoin from transactions from our customers as they purchase vehicles. However, when asked about bitcoin's potential as an inflationary hedge on the earnings call, Musk said that Tesla's main goal is to accelerate the transition to sustainable energy, and called bitcoin "a sideshow to a sideshow.