• Archives
  • Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Enterprise

Breaking: Tesla Invests $1.5b in Bitcoin, To Start Accepting It As A Mode Of Payment

Paul Balo by Paul Balo
February 8, 2021
in Enterprise
Share on FacebookShare on Twitter

Tesla has invested $1.5b into Bitcoin the Cryptocurrency currently trading at about $40,000 and has said the company will soon start accepting Bitcoin as a mode of payment. Elon Musk, Tesla Founder and CEO has lately been promoting Dogecoin and as a result of a flurry of tweets, the cryptocurrency has seen a dramatic rise in price. Dogecoin launched back in 2013 and this year alone has risen from 1 cent to 8 cents in value and is projected to keep rising. 

By investing in Bitcoin, Elon Musk has put his money where his mouth is and could see the price of Bitcoin rise even further as this gives credence to other investors who have either invested modestly or are torn between investing. One just wonders how much of Elon Musk’s money is in Dogecoin, his  favourite cryptocurrency. Elon Musk is currently the richest man in the world with a net worth of about $188b, $4b richer than outgoing Amazon CEO, Jeff Bezos. 

The decision by the biggest electric car maker in the world to invest $1.5b in Bitcoin and start accepting it as a form of payment could drive not just the price of the cryptocurrency but see more companies in the auto industry and otherwise to start investing in it and start accepting it as a mode of payment. This makes Tesla probably the first major manufacturer to start accepting Bitcoin.

This is a breaking news. We will update it throughout the day as we learn more

Related Posts:

  • TESLA-1280×720-1-990×557
    Price Of Tesla’s Full-Self Driving Software Again Increases
  • elon-musk-diw
    Elon Musk Reportedly Diverts Tesla's $50M Worth AI…
  • Chromebook
    Bitcoin Hits Lowest Level Since June, Market Cap…
  • arenaev_001
    Tesla Cybertruck Mass Production Won’t Start Until 2024
  • TESLA-1280×720-1-990×557
    Tesla Made The Most Money In 2022, But Its Future…
  • elon-twitter-new-ceo
    No Mr Musk, You Can't Do It All And Don't Blame It…
  • Elon-Musk (2)
    Elon Musk Lost $200b Of His Net Worth In About A Year
  • twitter-payments
    Twitter Pay? Elon Musk Applies To Get Payment…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: bitcoininvestmenttesla
Paul Balo

Paul Balo

Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • PayPal’s Crypto Payments Reduce International Fees by 90% July 28, 2025
    • Mastercard Launches A2A Protect to Target “Fast Fraud” July 28, 2025
    • Microsoft Cuts Ties with Rosneft-linked Indian Oil Company July 28, 2025
    • Musk Urged by US Senator to Stop S/East Asian Fraudsters using Starlink July 28, 2025
    • Tesla Awards Samsung $16.5B AI Chip Contract July 28, 2025
    • WhatsApp Tests Profile Photo Import from Instagram, Facebook July 28, 2025

    Browse Archives

    July 2025
    MTWTFSS
     123456
    78910111213
    14151617181920
    21222324252627
    28293031 
    « Jun    

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy
    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2025 Designed By TechBooky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.