
PALO ALTO, U.S. -- The U.S. electric vehicle maker Tesla has bought $1.5 billion worth of bitcoins and said it would accept it as a form of payment for its cars in the near future -- adding to the buzz around both carmaker and cryptocurrency.
The announcement pushed bitcoin to an all-time high of above $48,000 on Tuesday morning -- which means it would only takes about 0.82 units of the cryptocurrency to buy an entry-level Tesla Model 3.