Tesla to restart acceptance of bitcoin as payment

Tesla to restart acceptance of bitcoin as payment

There are indications that Electric-car maker, Tesla Incorporation will most likely restart accepting bitcoin as payment.

This was the submission of the company’s Chief Executive Officer, Elon Musk during the B Word conference, where Square Incorporation, Jack Dorsey also took part on Wednesday.

Musk’s reaction is coming after Tesla said in May it would stop accepting bitcoin for car purchases.

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According to Musk, “Tesla would resume accepting bitcoin, it is most likely.”

Musk said he personally owned bitcoin, ethereum and dogecoin, apart from bitcoin that Tesla and SpaceX owned.

Bitcoin was up 8 per cent at $32,160.16, while ether surged 11.6 per cent to $1,993.36.


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