Blog

You know what’s cool? Tesla. You know what’s killer? Bitcoin. Do you happen to know what is cool and killer? Buying a Tesla with bitcoin. And now that’s possible. Elon Musk had made it possible to buy Tesla models with bitcoin. How can we tell? Bitcoin is now an option for payment on the site. Even though it’s available barely in the United States at the moment. The electric vehicle auto maker has made a purchase of $1.5 billion in the value of cryptocurrency from months ago. Elon Musk also just can’t shut up about cryptocurrencies. Tesla is decidely keeping the bitcoin as payment rather than converting the whole shebang to dollars. Tesla is accepting bitcoin as a means of payment for their cars. The options appeared as the means of configuring the model on varied pages. At the moment, the bitcoin payment option is available to U.S. buyers. Tesla is offering it in countries later on.

Certainly, Tesla has some caveats in the contract.

Tesla is mentioning that bitcoin transactions are inable to undergo reversal. Buyers are needing to exercise care. They also urge buyers to keep close track of the bitcoin price in the amount field. If incorrectly input, the company believes that the bitcoin may be lost or impossibly destroyed. They aren’t choosing to be liable for that lost cryptocurrency. Bitcoin payments may just go through instantaneously and without delay. It may take more than just a little part of the day to make the transaction happen. With Bitcoin in your wallet, the page is likely to refresh in only a minute. If it can’t refresh, you should not send a new payment. There may be up to six hours to process the payment. Bitcoin is not being seen in the price, but rather as U.S. dollars. “Be careful” is all they’re saying.