{"id":2448,"date":"2021-02-08T08:30:46","date_gmt":"2021-02-08T13:30:46","guid":{"rendered":"https:\/\/newcar.technology\/?p=2448"},"modified":"2021-02-12T11:16:37","modified_gmt":"2021-02-12T16:16:37","slug":"tesla-buys-and-to-accept-bitcoin-for-vehicle-payments-in-the-future","status":"publish","type":"post","link":"https:\/\/newcar.technology\/v2x-v2i-v2v\/tesla-buys-and-to-accept-bitcoin-for-vehicle-payments-in-the-future\/","title":{"rendered":"Tesla buys and to accept bitcoin for vehicle payments in the future"},"content":{"rendered":"\n

Breaking news as of Monday that sent Bitcoin prices in a sharp uptick, Tesla Inc. announced it had or will be purchasing 1.5 billion in bitcoin.<\/p>\n\n\n\n

A filing with the SEC confirmed the news.<\/p>\n\n\n\n

Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.<\/p>Tesla SEC filing statement<\/cite><\/blockquote>\n\n\n\n

As the only manufacturer that accepts bitcoin, it opens up a new market for those holding bitcoin. As selling bitcoin incurs taxable events, large purchases such as a car could be a cost-effective option. Will others follow suit? I guess it depends on how successful this test is.<\/p>\n\n\n\n

Interest in other potentials that cryptocurrency can impact the car industry? Check out our article “3 ways crypto in the car could change the future of driving<\/a>.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Breaking news as of Monday that sent Bitcoin prices in a sharp uptick, Tesla Inc. announced it had or will be purchasing…<\/p>\n","protected":false},"author":1,"featured_media":2449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[27,123,58],"tags":[186,162,185,82],"yoast_head":"\nTesla buys and to accept bitcoin for vehicle payments in the future<\/title>\n<meta name=\"description\" content=\"Tesla Inc. announces that it has or will be purchasing 1.5 billion in bitcoin, sending Bitcoin prices in a sharp uptick.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newcar.technology\/v2x-v2i-v2v\/tesla-buys-and-to-accept-bitcoin-for-vehicle-payments-in-the-future\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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