People are eagerly waiting for Tesla’s car in India, but Tesla is in discussion due to its entry in India as well as many other reasons. The reason we’re talking about Tesla today is a post updated by CEO Elon Musk. Musk said that you can also use bitcoin to buy Tesla cars.
Tesla announced in February that it would accept bitcoin as a method of payment for its electric cars, but Musk had to back the decision. This is because bitcoins are created by powerful computers, which have to solve complex equations and consume a lot of electricity in the process.
However, now that Musk has talked about accepting bitcoin, he said that this is possible only if the people mining it start using renewable energy. If bitcoin miners use clean energy, Tesla will allow bitcoin to buy cars. After the tweet by Musk, the price of bitcoin increased by more than $1800 compared to the previous day. Bitcoin rose 5.1% to $37,360.63 on Sunday following Musk’s tweet. Which was $ 1,817.87 higher than the previous day.
