Elon Musk: Bitcoin paid to Tesla will remain as Bitcoin and not converted to fiat currency

Elon Musk: Bitcoin paid to Tesla will remain as Bitcoin and not converted to fiat currency

Tesla CEO Elon Musk confirmed on Twitter, “You can now buy a Tesla with Bitcoin. Tesla directly operates a Bitcoin node using only internal and open source software.

Bitcoin paid to Tesla will be retained as Bitcoin instead of being converted into fiat currency. Bitcoin payment functionality will be available outside the United States later this year. "As previously reported, Tesla's US official website supports Bitcoin payments. According to support documents, Bitcoin is the only cryptocurrency Tesla accepts. Currently, Bitcoin payments are only supported for US customers, and will be considered for expansion to other markets in the future.


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