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You can purchase a Tesla by using Bitcoin, Elon Musk announces

2020 Tesla Model Y, r m
Posted at 12:30 PM, Mar 25, 2021

If you want a Tesla, you can now buy one with Bitcoin.

On Twitter Wednesday, Elon Musk announced the news that "you can now buy a Tesla with Bitcoin."

On Tesla's website, the company explained that the way to pay with Bitcoin was to initiate payment from your Bitcoin wallet by scanning the QR code or copying and pasting the Bitcoin address and the exact Bitcoin amount into your wallet.

According to Business Insider, the current price of a Bitcoin is just over $50,000.

The cost of a 2021 Tesla Model 3, the car maker's entry-level vehicle, is just under $40,000.