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

Credit: REUTERS/CARLO ALLEGRI

Electric-car maker Tesla Inc will most likely restart accepting bitcoin as payments, Chief Executive Officer Elon Musk said at a conference on Wednesday.

Adds details from conference

July 21 (Reuters) - Electric-car maker Tesla Inc TSLA.O will most likely restart accepting bitcoin as payments, Chief Executive Officer Elon Musk said at a conference on Wednesday.

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 SQ.N Jack Dorsey also took part.

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

Bitcoin BTC=BTSP 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)

((noor.hussain@thomsonreuters.com; Within U.S. +1 646 223 8780; Outside U.S. +91 80 6182 2663 or +91 80 3796 2663))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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