Tesla Announces that Consumers Can Purchase Vehicles with Bitcoin
Published by
ValueWalk

In the penultimate week of March 2021, Tesla announced that the company would allow consumers to purchase vehicles using bitcoin. The news comes months after the company announced that it was investing substantially in bitcoin to enable the company to have cryptocurrency liquidity. Tesla is not the only major company that is involved in bitcoin. PayPay announced in 2020 that millions of its merchants would be able to buy and sell cryptocurrency. Q1 2021 hedge fund letters, conferences and more The Tesla news comes as bitcoin prices have eased off their all-time highs. Despite the pullback in b…

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