Elon Musk confirms Tesla vehicles can now be bought using bitcoin

Representations of virtual currency Bitcoin are seen in front of Tesla logo in this illustration

Tesla Inc chief Elon Musk said on Wednesday that a Tesla vehicle 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 on Wednesday. “Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.”

Last month, Tesla revealed it had purchased $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.

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