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Tesla Accepts Bitcoin: Price Surge After Musk’s Announcement

Olivia Bennett - Business Editor
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January 25, 2026 6:51 am
Tesla Accepts Bitcoin: Price Surge After Musk’s Announcement

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<a href="https://www.world-today-journal.com/software-defined-vehicles-the-future-of-automotive-architecture/" title="Software-Defined Vehicles: The Future of Automotive Architecture">Tesla</a> now Accepts <a href="https://coinmarketcap.com/currencies/bitcoin/" title="Bitcoin price today, BTC to USD live price, marketcap and chart ..." rel="noopener">Bitcoin</a>:​ Impact on Cryptocurrency and <a href="https://www.automotiveforums.com/vbulletin/showthread.php?t=214529" title="Fraction to Decimal Conversion Chart - Automotive Forums Car Chat" rel="noopener">Automotive Markets</a>

Tesla Now Accepts Bitcoin: A surge in Cryptocurrency Value

in a move that has sent ripples thru both the automotive⁢ and cryptocurrency markets, Tesla is now accepting Bitcoin as​ payment for its vehicles. This declaration, ⁢made by Elon Musk via a post on X ‍(formerly‌ Twitter), has already triggered⁣ a important increase in the ‍value of the leading cryptocurrency. This ⁤development marks a renewed embrace of digital assets by the ‍electric vehicle⁢ giant, following a previous ‌investment and subsequent sale of ⁤Bitcoin.

Tesla’s Re-Embrace‍ of Bitcoin

Musk’s recent announcement stated ⁣simply,”You ‍can now ⁣buy a Tesla with Bitcoin.” This signifies‍ a reversal of Tesla’s previous stance,where Bitcoin payments were suspended due to concerns surrounding the environmental impact of​ Bitcoin mining. According ‌to ⁢ Reuters, Tesla​ will hold the Bitcoin received as payment, rather than promptly converting it to fiat currency.

Prior to ‍this announcement, in early 2021, Tesla had ‌purchased $

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Olivia Bennett - Business Editor
Olivia Bennett - Business Editor

Dr. Olivia Bennett is an award-winning financial journalist and editor with over 18 years of experience covering global markets, entrepreneurship, and economic policy. She holds a PhD in Economics from the London School of Economics and has contributed to leading publications. Olivia is known for her sharp analysis, ethical reporting, and ability to make complex financial topics accessible to a global audience. As Chief Editor of the Business section at World Today Journal, she leads a team dedicated to delivering accurate, timely, and insightful business news. Full Name: Dr. Olivia Bennett Role: Chief Editor, Business Category: Business Location: London, United Kingdom Education: PhD in Economics, London School of Economics Experience: 18+ years in financial journalism Expertise: Global markets, entrepreneurship, economic policy, financial analysis Awards: Winner of the 2021 Global Business Journalism Award; Finalist, European Press Prize 2019 Professional Affiliations: Member, Society of Professional Journalists; Contributor, World Economic Forum Languages: English (native), French (fluent)

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