Tesla lifts Bitcoin with $1.5b investment

By Subrat Patnaik and Anna Irrera
Updated February 9 2021 - 1:39am, first published 1:37am
Elon Musk's Tesla has invested $US1.5 billion in cryptocurrency Bitcoin.
Elon Musk's Tesla has invested $US1.5 billion in cryptocurrency Bitcoin.

Electric car maker Tesla has purchased $US1.5 billion ($A2.0 billion) in Bitcoin and announced that it would begin accepting it as payment for its products in the near future, prompting a spike in the cryptocurrency.

Get the latest St George news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.