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Tesla Invests $1.5 Billion In Bitcoin

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The price of Bitcoin is soaring after it was disclosed that the electric carmaker Tesla invested $1.5 billion in the cryptocurrency. Tesla CEO Elon Musk also signaled the company could start accepting Bitcoin as a form of payment for its cars.

Here & Now's Callum Borchers speaks with Roben Farzad, host of public radio's "Full Disclosure," about Tesla's investment in the digital currency.

This segment aired on February 9, 2021.

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