CRYPTONAIRE
WEEKLY CRYPTO investment journal
Here’s How Much a Fully Loaded Tesla Model S Will Cost You in Bitcoin
Tesla bought $1.5 billion in Bitcoin. It plans to allow people to purchase cars in Bitcoin. Depending on the model, a Tesla costs somewhere between 1 and 3.33 BTC. Lamborghinis have been the traditional status symbol for Bitcoin millionaires. After today, expect to see more crypto influencers rolling up in Teslas. When Tesla reported its $1.5 billion purchase of Bitcoin to the US Securities and Exchange Commission, the electric automaker mentioned an important detail in the filing: It wasn’t just buying thousands of Bitcoins—it was going to start accepting them for its products, too. While that’s still a little ways off, it might behoove Elon Musk-loving Bitcoiners to start the car-buying process. At today’s rate of roughly $45,000 per BTC, they should be able to get a decked out Model S, Tesla’s premier vehicle, for about 3.33 Bitcoin ($149,990). For the Tesla aficionado, who demands ludicrous precision, that’s the Model S Plaid+, which comes with self-driving capability (knock 0.25 BTC off the price if you want your hands on the wheel at all times.) Tesla asks for skin in the game, so to place an order, you’d have to put $1,000 down, which is nothing—just 0.025 BTC! Read more...
Cryptonaire Weekly | February 9th 2021
20
+44 (0) 207 193 2931
