Tesla returns the payment code in BTC to the official website

The company stopped accepting bitcoin payments in May 2021

20.07.2023 - 12:00

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2 min

What’s new? Electric car manufacturer Tesla has again added bitcoin to the code associated with making payments on the official website. This was noticed on July 20 by a Twitter user under the nickname LilMoonLambo. The ability to buy cars with BTC was first introduced in February 2021 and was active until May, when CEO Elon Musk announced the suspension of the initiative.

BREAKING:TESLA HAS ADDED BITCOIN BACK INTO THEIR CODE FOR PAYMENTS ON THEIR WEBSITE pic.twitter.com/BhRL4C4BK9 — LilMoonLambo (@LilMoonLambo) July 20, 2023

What else is known? To check for bitcoin in the code on the site, users need to go to https://www.tesla.com/modelx/design#payment, right-click and go to the code review section. Next, they need to type the word “Bitcoin” in the search bar and press “Enter.”

The fact that the company does not exclude the resumption of car sales for bitcoins became known in October 2021. Then in materials for the US Securities and Exchange Commission (SEC), Tesla indicated that “in the future restart the practice of transacting in cryptocurrencies.” The company emphasized that it considers digital assets as a tool for preserving value.

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According to Tesla’s report, as of the end of Q1 2023, the value of digital assets in the company’s account amounted to $184 million, unchanged from Q4 2022.

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