NetworkNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Now Accepts Payments in Bitcoin

Tesla (NASDAQ: TSLA), an American electric vehicle (“EV”) and clean energy company, was featured in an article on Yahoo! Finance titled, “Tesla Begins Accepting Bitcoin Payments.” The move comes on the heels of Tesla’s $1.5 billion investment in BTC in February, when the company said that it would soon begin accepting the cryptocurrency as a payment option on a limited basis. The update reads, “Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk announced Wednesday that the automaker has begun accepting payments for its vehicles with Bitcoin (‘BTC’). The entrepreneur also said that Tesla will retain the paid apex cryptocurrency as BTC and will not convert it into fiat. ‘Tesla is using only internal & open-source software & operates Bitcoin nodes directly,’ wrote Musk on Twitter.”

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About Tesla Inc.

Tesla is an American electric vehicle (“EV”) and clean energy company. Tesla’s current products include electric cars, battery energy storage from home-to-grid scale, solar panels and solar roof tiles, as well as other related products and services. Tesla was ranked as the world’s best-selling plug-in and battery electric passenger car manufacturer in 2019, with a market share of 17% of the plug-in segment and 23% of the battery electric segment. Through its subsidiary SolarCity, Tesla develops and is a major installer of solar photovoltaic systems in the United States. Tesla is also one of the largest global suppliers of battery energy storage systems, with 3 GWh of battery storage supplied in 2020, and has installed some of the largest battery storage plants in the world. For more information, visit www.Tesla.com.

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