Around two months ago, Tesla‘s CEO Elon Musk made waves by saying consumers would soon be able to . Today is that day. Musk announced on Twitter early Wednesday the company now accepts the , adding, “Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.”
When buyers finish building their ideal Tesla, be it, , or the automaker’s website checkout page now includes a button to make a deposit payment. The option to pay with a card remains as well. The $100 deposit converts to about 0.0018376 BTC.
Last month, Musk and Co. invested $1.5 billion in Bitcoin to maximize cash returns, which pushed Bitcoin up 13% at the time. While Musk’s been outspoken about crypto in recent weeks, including the joke cryptocurrency “Dogecoin,” Tesla said in a Securities and Exchange Commission filing on its Bitcoin investment it occasionally will “hold digital assets from time to time or long-term.” No one at Tesla, including Musk, has suggested the automaker will accept any other cryptocurrency in the future (including Dogecoin, to be clear).
Bitcoin stock (BTC) was up nearly 2.5% in early Wednesday trading.