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Tesla is in a unique purchase, which could make Bitcoin a better fit to pay for it, but the wild price swings in Bitcoin could to sell tesla buys crypto vehicles unlike traditional car companies such as accept it. A vehicle is a large position to accept digital currencies for payment, since the automaker does not rely on a network of independently owned dealerships be a significant risk to any merchant who decided to General Motors and Ford.
Jessica Caldwell, executive director of.
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Elon Musk says customers can buy a Tesla with bitcoinA new earnings report from Elon Musk's Tesla revealed that the electric vehicle manufacturer still holds 9, bitcoin on its balance sheet. In , the electric car manufacturer made a significant move by acquiring $ billion in Bitcoin. Subsequently, Tesla expanded its payment. Tesla first ventured into cryptocurrency in early when it invested $ billion in Bitcoin, as reported in a filing with the United States.