‘You can now buy a Tesla with Bitcoin’: Company’s ‘Technoking’

The electric carmaker said last month it had bought $1.5bn of Bitcoin, sending the price of the cryptocurrency soaring.

Tesla Inc chief Elon Musk said on Wednesday the company’s electric vehicles can now be bought using Bitcoin in the United States and the option will be extended to other countries later this year. “You can now buy a Tesla with Bitcoin,” he tweeted on Wednesday, adding that Bitcoin paid to Tesla will not be converted into conventional currency. Tesla recently added “Technoking of Tesla” to Musk’s list of official titles. The electric-car maker had last month said it bought $1.5bn 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.