Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency

Elon Musk’s electric car company, Tesla, has started accepting bitcoin payments. Musk, whose title is now Techno-King of Tesla, also confirmed that all “Bitcoin paid to Tesla will be retained as bitcoin, not converted to fiat currency.” Tesla Now Accepts Bitcoin Tesla has begun accepting bitcoin payments. Elon Musk, who recently changed his title fromContinue reading “Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency”

Tesla bitcoin gambit already made $1 billion, more than 2020 profit from car sales, estimates analyst

While the Bitcoin investment is a side show for Tesla, it has clearly been a good initial investment and a trend we expect could have a ripple impact for other public companies. Much has been made about the hefty sum that Tesla Inc. has invested in bitcoin, a speculative asset that has only been aroundContinue reading “Tesla bitcoin gambit already made $1 billion, more than 2020 profit from car sales, estimates analyst”