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Elon Musk said that Tesla started selling electric cars for bitcoin

Elon Musk announced the start of sales of Tesla electric cars for Bitcoin in the United States.

The entrepreneur added that the option will become available outside the US “later this year.” According to him, the company has no plans to convert cryptocurrency to fiat money.

Musk stressed that Tesla has its own nodes.

On February 8, Tesla announced that it had invested $ 1.5 billion in Bitcoin, after which the asset’s price began to skyrocket. At the same time, the electric car manufacturer announced plans to integrate digital gold as a means of payment for products.

On February 19, Musk called Tesla’s investment in the first cryptocurrency “risky enough.” The billionaire hinted that it was not his decision.

According to analysts at Wedbush Securities, Tesla’s unrealized gains from digital gold were higher than from sales of electric vehicles in 2020. The company also announced the dependence of the company’s share price on the bitcoin rate.

We will remind, the former investment director of Goldman Sachs Gary Black urged Tesla to sell the first cryptocurrency to save stocks.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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