Elon Musk says people can now buy a Tesla with bitcoin

Tesla, led by Elon Musk, confirmed that it bought about $ 1.5 billion in bitcoin in January and hopes to start accepting it as payment in the future.

Artur Widak | NurPhoto | Getty Images

Tesla CEO Elon Musk announced on Tuesday that it is now possible to buy Tesla vehicles in the U.S. with bitcoin.

The automaker revealed last month that it had bought $ 1.5 billion in bitcoins and would soon begin accepting the world’s most popular cryptocurrency as a form of payment.

“Now you can buy a Tesla with Bitcoin,” he tweeted.

People outside the United States will be able to buy a Tesla with bitcoin “later this year,” said Musk, without specifying which countries.

To accept the payment, Musk said Tesla is using “internal” and “open source” software.

He added that Tesla “operates bitcoin nodes directly”. Nodes are computers on the bitcoin network that work to verify transactions and prevent the cryptocurrency from being spent twice.

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