(Reuters) -Tesla Inc chief Elon Musk said on Wednesday the company's electric vehicles can now be bought using bitcoin and the option will be available outside the United States later this year.

"You can now buy a Tesla with bitcoin," he tweeted https://twitter.com/elonmusk/status/1374617643446063105 on Wednesday, adding that bitcoin paid to Tesla will not be converted into conventional currency.

The electric-car maker had last month said it bought $1.5 billion of bitcoin and would soon accept it as a form of payment for cars, sending the price of the world's most popular cryptocurrency soaring.

Musk, who has been promoting cryptocurrencies through his Twitter account, had last month criticized conventional cash, saying when it "has negative real interest, only a fool wouldn't look elsewhere."

He had said that the difference with cash made it "adventurous enough" for the S&P 500 company to hold the cryptocurrency.

Following Tesla's investment in bitcoin, several companies, including Uber Technologies Inc and Twitter Inc had shared their views on the cryptocurrency. https://reut.rs/3cg9gMP

Uber Chief Executive Dara Khosrowshahi said the ride-hailing company discussed and "quickly dismissed" the idea of investing in bitcoin. However, he added that Uber could potentially accept the cryptocurrency as payment.

Twitter had said earlier it was still undecided in holding bitcoin, while General Motors Co said it will evaluate whether bitcoin can be accepted as payment for its vehicles.

Tesla recently added "Technoking of Tesla" to Musk's list of official titles.


https://finance.yahoo.com/news/musk-says-now-buy-tesla-071600917.html?guccounter=1

And before you know it btc jumped to $56k plus. I just love elon musk more. soon his coin dogecoin will increased rapidly.

Innovative, tho.

Na who get money go buy

Trying his best to legitimize bit coins

SarkinYarki:
Trying his best to legitimize bit coins

btc have been legitimized. stop been hypocrite here.

Johnnyessence:
btc have been legitimized. stop been hypocrite here.

It's not yet legitimate ..open your eyes . We are the value trapping stage still , a lot of value is trapped there and when fortune 500 businesses start accepting it as a value you can exchange for their own values then it becomes socially legitimate... Tesla has finally taken the step and next we see airlines accepting it and boom you have a global currency that sidelines the dollar ...wake up ..I do business visions and strategy for a living and I am very good in projecting right

SarkinYarki:


It's not yet legitimate ..open your eyes . We are the value trapping stage still , a lot of value is trapped there and when fortune 500 businesses start accepting it as a value you can exchange for their own values then it becomes socially legitimate... Tesla has finally taken the step and next we see airlines accepting it and boom you have a global currency that sidelines the dollar ...wake up ..I do business visions and strategy for a living and I am very good in projecting right

you are just a novice here, you don't know what's going on in the world. so local in thinking. check Google on the business that is patronizing btc and other coins. Google will show much result about it. don't be lagging behind. be updated on what's happening in the world. you are very low in thinking. Google is your friend.

more tweet from elon musk.

:Trying his best to legitimize bit coinsbtc have been legitimized. stop been hypocrite here.