Shares of Tesla (NASDAQ: TSLA) fell 4.8% on Wednesday after CEO Elon Musk announced that customers could now purchase its electric vehicles with Bitcoin (CRYPTO: BTC).
Tesla disclosed in February that it invested $1.5 billion in Bitcoin. It said at the time that it expected to begin accepting the cryptocurrency as a form of payment for its vehicles "in the near future." Today, Musk made it official.
Tesla is betting big on Bitcoin. Image source: Getty Images.
Source Fool.com