Business • Markets

Elon Musk announces Tesla now accepts Bitcoin as payment

Bitcoin jumped 5% after billionaire Elon Musk announced Tesla would accept the digital asset as payment. Musk published his tweet soon after Twitter users noticed the updated bitcoin support for all models of Tesla's cars across online US stores.

The carmaker disclosed last month it invested $1.5 billion in the digital asset and said it would soon begin accepting it as payment for its products.

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Card reviewed by: @christoph