Finally, after several months showing their enthusiasm for cryptocurrencies, Elon Musk and Tesla have decided to take the step. Thus, in the Tweet Today, Musk announced that Tesla is starting to accept Bitcoin for the purchase of its cars in the United States. With this, Elon Musk’s company would be putting itself at the forefront in the adoption of crypto assets in the American business world, giving a strong boost to BTC.
Follow the Tesla and Bitcoin romance
At this point, Elon Musk is likely the world’s top crypto influencer. And, since the beginning of this year, the CEO of Tesla and SpaceX has been an active part of the Dogecoin and Bitcoin communities. First by promoting the acquisition of DOGE, driving the price of the cryptocurrency exponentially. And subsequently, announcing the purchase of hundreds of millions of dollars by Tesla in BTC.
Thus, Tesla acquired at least 1.5 billion dollars in Bitcoin, in what the company said was a move to include the cryptocurrency in its treasury. Accepting the utility of the same as an asset reserve of value. And looming the possibility that they would soon start accepting Bitcoin as payment for the company’s electric cars.
A promise that has finally come true, when Elon Musk announced early Wednesday that Tesla would start accepting Bitcoin as payment. Adding that the BTC received by the company in this way would not be transformed into fiat money. If not, they would remain as Bitcoin in the Tesla treasury.
«Now you can buy Tesla with Bitcoin».
The markets immediately reacted to the news, with the price of Bitcoin going from $ 53,816 where it was shortly before Musk’s tweet, to a peak of $ 56,558, from where it fell again to $ 53,662 where it is currently. . A speculative rise and fall generated by the influence of Elon Musk.