Elon Musk said that you could finally buy Tesla with Bitcoin today, after having announced it would accept the cryptocurrency as a form of payment in a Securities and Exchange Commission filing in January.
“You can now buy Tesla with Bitcoin,” the newly self-named Technoking tweeted.
Musk changed his title and that of his CFO to Technoking and Master of Coins, respectively, in an SEC filing earlier this month.
“Tesla is using only internal & open source software & operates Bitcoin nodes directly. Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency,” he added.
Musk also revealed last month that Tesla had bought $1.5 billion in Bitcoin.
To pay using bitcoins, the company’s support page explains that one needs to “initiate payment from your Bitcoin wallet. You can either scan the QR code or copy and paste the Bitcoin address and the exact Bitcoin amount into your wallet.” The crypto is accepted in the United States only at this time, but Tesla “will consider expanding into new markets in the future.”
As of this morning, Bitcoin, which broke the $60,000 ceiling earlier this month, stood at $56,600. Tesla shares were up 1.1% at $655.
Tesla became the newest S&P 500 member when it joined the index in December 2020
Title: Buy BUY TSLA ( Tesla )
Asset: Stock
Platform: Robinhood/WeBull/Etrade/ MT4
Symbol: TSLA
Type: Buy Market Execution / Buy Limit
Time Frame: 1D
Entry Price 1: $600.00 ACTIVE ✅
Entry Price 2: $575.00 (PENDING)
Stop Loss: $500.00 (1000 Pips)
Take Profit 1: $700.00 (1000 pips)
Take Profit 2: $800.00 (2000 pips)
Take Profit 3: $900.00 (3000 pips)
Take Profit 4: $1000.00 (4000 pips)
Status: 🏃🏽♂️Active🏃🏽♂️