Last Minute: Tesla Plans to Accept Bitcoin as Payment Formula!

According to an application to the SEC, we reported to you as that Tesla purchased $1.5 billion worth of Bitcoin on Monday. The company purchased Bitcoin with the goal of providing “more flexibility to further diversify and maximize cash revenues,” according to the filing.

Tesla offers the option to pay with Bitcoin

Tesla said that in addition to receiving Bitcoin, it will also start accepting payments in Bitcoin in exchange for its works. This would make Tesla the first major car manufacturer to accept Bitcoin as payment.

Attack came after CEO Elon Musk tweeted about cryptocurrencies, especially Bitcoin and Dogecoin in recent weeks.

Bitcoin rose over 10% on Monday following Tesla’s announcement and BTC set a new record. The crypto currency broke the $ 43,000 level for the first time, reaching $ 43,300. Tesla shares also rose 2%. Bitcoin has declined to $ 42,400 at the time of writing.

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