Elon Musk just announced that you can now buy a Tesla with Bitcoin. He also says that they will not convert the BTC to fiat.
It was already late when I heard the news about Elon Musk. I just read it here in the forum few days after. I believe this whale gives a great help for the publicity of Bitcoin. Of course, this can be also a good reason for the price of Bitcoin to rise. I want to keep holding my bitcoin. I am also thinking that any other big business may follow this mode of payment if Tesla earn positive result through this strategy. In that case, Bitcoin will keep on becoming more expensive than today.
This news is quite old now however i would really like to know if anyone really bought Tesla car using bitcoin ? Do we have any such data where we know how many people used bitcoin to buy tesla products ?
From the below statement, it seems that tesla registered a sale of $101 Million in the form of bitcoin. So it means that people are intersted to buy tesla with bitcoin.
Some people interpret this statement as tesla sold some bitcoins which is not true.
The company announced earlier this year that it had purchased $1.5 billion worth of bitcoin and planned to accept it as payment for vehicles. Tesla said Monday it registered a net gain of $101 million from sales of bitcoin during the quarter, helping to boost its net profits to a record high in the first quarter.