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News Local NewsOff Island GazetteWest Island GazetteCOVID 19QuebecNationalCOVID 19 WorldVideosPodcastsWeatherArchives Opinion ColumnistsEditorialsAislin and other editorial cartoonsSports Hockey Inside OutHockeyHockey Inside OutMontreal CanadiensNHLWorld JuniorsFootballMontreal AlouettesCFLNFLSoccerMLSClub de Foot MontralBaseballBasketballNBANCAATennisGolfGolf Videos Auto RacingBusiness FP Markets FP Headlines FP Money EnergyLocal BusinessOpen during COVID AerospacePersonal FinanceReal EstateRetailTechnologyGamingInternetPersonal TechScienceTech BizSmall BusinessMontreal’s Top EmployersArts Local ArtsMontreal moviesMovie Listings TelevisionTV ListingsMontreal theatreMusicBooksCelebrityLife Shopping EssentialsFashion BeautyFoodRecipesLocal Food ReviewsHealthDiet FitnessFamily ChildMenWomenSeniorsSexual HealthDiet FitnessParentingRelationshipsHomesBuying and SellingCondosDecoratingRenovatingGardeningVacation HomesTravelRoyalsPuzzlesNew York Times Crossword ComicsAdviceHoroscopesContestsObituaries Browse Notices Place an Obituary Place an In Memoriam Classifieds Place an Ad Celebrations Real Estate Local Directory This Week’s FlyersJobs Auction DrivingHealthingThe GrowthOpePaper Our OffersMy AccountFAQBreadcrumb Trail LinksBusinessCan you buy a Tesla with bitcoin? How the payments might workAlthough bitcoin has become more of a household name in recent years, it is still mostly used as an investment product rather than a form of payment. In 2018. Photo by Mike Blake /REUTERSArticle Sidebar ShareShare this Story: Can you buy a Tesla with bitcoin? How the payments might work Copy LinkEmailFacebookTwitterRedditPinterestLinkedInTumblrArticle contentLONDON Tesla Inc expects to allow customers to pay for its electric vehicles with bitcoin soon, the automaker said on Monday, a move that could expand how the most popular cryptocurrency is used for real world transactions.Although bitcoin has become more of a household name in recent years, it is still mostly used as an investment product rather than a form of payment.A handful of mainstream brands have allowed customers to make purchases with bitcoin through third party processors, but Tesla suggested it might accept bitcoin directly as part of a broader plan to incorporate the cryptocurrency into its investment portfolio.The company made the disclosures in a section of its quarterly securities filing that also detailed its purchase of $1.5 billion worth of bitcoin.Article content continuedA Tesla representative did not immediately respond to a request for more details.If Tesla were to accept bitcoin payments the way some other major companies have, customers would transfer bitcoins from their “digital wallets” to another entity that converts them into, say, dollars and sends the sum to Tesla.Article content continuedFor example, companies including AT Inc and Microsoft Corp have accepted bitcoin through BitPay, a cryptocurrency payment processor.