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Tesla CEO Elon Musk announced late Tuesday that it is now possible to buy Tesla vehicles in the U.S. with bitcoin.
The automaker last month revealed that it had bought $1.5 billion worth of bitcoin and that it would soon start accepting the world’s most popular cryptocurrency as a form of payment.
“You can now buy a Tesla with Bitcoin,” tweeted Musk, who was officially made the “Technoking of Tesla” this month.
A support page on Tesla’s website explains how customers can pay for a Tesla using digital currency. The company’s electric vehicles typically cost between $37,990 and $124,000 before tax.
People outside the U.S. will be able to buy a Tesla with bitcoin “later this year,” Musk said, without specifying which countries.
In order to accept the payment, Musk said Tesla is using “internal” and “open-source software.”
He added that Tesla “operates bitcoin nodes directly.” Nodes are computers on bitcoin’s network that work to verify transactions and avoid the cryptocurrency from being spent twice.