Tesla invests $1.5 billion in Bitcoin

The California-based unicorn startup Tesla invests $1.5 billion in Bitcoin accepting cryptocurrency as the form of payment, leveling up prices after the vote of confidence from the electric-car market lead. Bitcoin increases up to 16% to an all-time high of $44,795. “We expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis,” Tesla said.