Tesla has become the first automaker in the world to allow someone to buy their cars with the cryptocurrency bitcoin.
The change was noticed by our friends at The Kilowatts, showing the order page now shows the option to pay for your deposit with your credit card, Apple Pay, or bitcoin.
— The Kilowatts 🚗⚡️ (@klwtts) March 24, 2021
If you’re thinking of buying your next Tesla with bitcoin, you should make sure you read the terms and conditions first.
Tesla has also added a Support page to answer any questions you might have about paying with bitcoin.
UPDATE: It didn’t take long for someone to purchase a Tesla with bitcoin. Andre purchased a Long Range Model Y, paying the deposit with 0.00185614 BTC.
— Andre – The Oracle of Clubhouse (@WILLINGonABell) March 24, 2021
Unfortunately the option is not appearing on the Canadian version of Tesla’s website, and is also not visible when switching to the US site when within Canada.
UPDATE #2: Elon Musk has confirmed the addition of bitcoin payments, saying it will be expanded to other markets later this year.
Pay by Bitcoin capability available outside US later this year
— Elon Musk (@elonmusk) March 24, 2021
The new payment option has appeared much quicker than many anticipated. Tesla first revealed it was coming earlier this year in a regulatory filing where it announced it was purchasing $1.5 billion worth of bitcoin.
In the same filing, the automaker said they “expect to begin accepting bitcoin as a form of payment for our products in the near future.”