Tesla to accept bitcoin as payment for models

Elon Musk will now allow customers to purchase a Tesla model with bitcoin cryptocurrency, should they so choose. The option is currently only available to U.S. buyers, but the company may extend it to other countries. Tesla said bitcoin transactions “cannot be reversed and that buyers need to exercise care when entering the bitcoin address into the recipient field,” said Car and Driver. Tesla said it will not be liable for any lost cryptocurrency. (Source: Car and Driver) Read the original article…

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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