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Tesla will 'most likely' restart accepting bitcoin as payments, says Musk

July 21 (Reuters) - Electric-car maker Tesla Inc will most likely restart accepting bitcoin as payments, Chief Executive Officer Elon Musk said at a conference on Wednesday.
Reuters
BM neesa crypto Crypto Currency Tokens As Billionaire Warren Buffett Said That Most Digital Coins Won't Hold Their Value.(Photo: Chris Ratcliffe / Bloomberg)

Musk's comments come after Tesla said in May it would stop accepting bitcoin for car purchases.

"Tesla would resume accepting bitcoin, it is most likely" Musk said at the B Word conference, where Square Inc's Jack Dorsey also took part.

Musk said he personally owned bitcoin, ethereum and dogecoin, apart from bitcoin that Tesla and SpaceX owned.

Bitcoin was up 8% at $32,160.16, while ether surged 11.6% to $1,993.36. (Reporting by Noor Zainab Hussain and Nivedita Balu in Bengaluru; Editing by Shounak Dasgupta)

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