Buying a Tesla with Bitcoin

[BTC_Mouse]

2018: 8.5 BTC = 1 Tesla
2019: 4.8 BTC = 1 Tesla
2020: 1.5 BTC = 1 Tesla
2021: BTC = 1 Tesla🤔🤔




"Bitcoin is my safe word"
Elon Musk 🚀

[masterzino]

I love that kind of graph, but you forgot to add at the beginning:

December 2017 - $18,888

So let's hope that the next row not be

December 2021 - $4,265



Nah, I would like to see:

December 2021 - $44,265

[Psynthax]

this picture really shows how bitcoin really preserve its value and even goes beyond huh? meanwhile the traditional paper money have a hard time retaining its value bitcoin keeps on increasing its value and now we see only takes 1.5 for a tesla.

I guess never once people in the past thought how big potential btc really has. the paper money really feels like bad investment at this point

[fiulpro]

I really like the graph you made 😂 I do think if someone saves up one day for sure the value of 1 BTC will be equivalent to 1 tesla no doubt.

- Government is accepting bitcoins more and more
- Pandemic have shown the fragility of the government institutions
- Banks are not the preferred method of investments anymore
- Gold and other investments are showing hyperinflation therefore not a plausible investments there too
- There are better at home jobs when it comes to bitcoins and other cryptocurrencies

Literally so many reasons , one can only imagine the height bitcoins will reach in a while. Let us wait till that time.

You know at this time it's really funny that some people are trying to manipulate the market by posting posts such as : https://www.google.com/amp/s/www.fool.com/amp/investing/2020/12/20/why-i-wont-buy-bitcoin-and-you-shouldnt-either/
But these are the kind of people who hold bitcoins and no one even knows about it 🤣

[The Sceptical Chymist]

Jeez OP, you're only going back to 2018 in pricing that Tesla.  I remember a time in 2015 when it would have taken a hell of a lot more bitcoin to buy that $36k model--and there are members here who are even more old-school and can recall when bitcoin was worth pennies.

I'm still having a hard time believing bitcoin is where it is right now, and I'm hoping that the price doesn't start going exponential like it did leading up to the end of 2017.  But all that aside, I do find it interesting to see that Tesla compared to how much BTC it would take to buy it through the years.  IMO it's much better than using a Lambo, since as far as I know you can't actually buy a Lambo with bitcoin, but you can buy a Tesla with it.  Plus I'd much rather have an electric vehicle than some penis-envy car like a Lamborghini that guzzles gas (unless they've changed that, but I doubt it).

[Kakmakr]

The Manufacturer's Suggested Retail Price (MSRP) for the entry level Tesla 3 is about $37,990..... not $36,200 as shown in the graph. If you continue quoting the Dollar value into the future, you would end up seeing $100 000 for the entry model... (devaluation of Fiat currencies) 

I am saving up for my first Tesla 3 now.... but I do not want the entry model.  .... I want the Tesla Model S and it is going for about $70 000 ...so Bitcoin must triple it's value for me to buy one of those.       (Will build a charging station while I wait) 

[StyleForceOne]

2018: 8.5 BTC = 1 Tesla
2019: 4.8 BTC = 1 Tesla
2020: 1.5 BTC = 1 Tesla
2021: BTC = 1 Tesla🤔🤔

"Bitcoin is my safe word"
Elon Musk 🚀

The funniest thing is - you could buy a tesla with 10 BTC just in march of this year, now you need only 1,5 BTC - that is crazy

[jossiel]

Simply yet informative and precise comparison for just buying 1 tesla with bitcoin's price from the past and the current.

We're all getting a goosebumps seeing how much bitcoin's worth right now. And IIRC, there's also an image that shows how many groceries you can buy with 1 bitcoin in the next years and with the current.

This only shows that we're all heading up, there will be a stoppage and correction but it still leads to show that bitcoin is going upwards. 0.5BTC = 1 Tesla soon? 

[FlightyPouch]

This is just amazing. And it just not prove that you can buy a Tesla if you hold your bitcoins for a long time, it just proves that the more patient you are,t he more things you can achieve or buy in the next few years. Just imagine how things would roll in the next few years, I don't think Tesla would be the only goal, right?

[Ryker1]

2018: 8.5 BTC = 1 Tesla
2019: 4.8 BTC = 1 Tesla
2020: 1.5 BTC = 1 Tesla
2021: BTC = 1 Tesla🤔🤔

Well, that is a good observation of the bitcoin price and buying tesla is very possible if you can able to store bitcoin within that year's range in your cold storage wallet. If you noticed, it begins in the year 2018 which is we experienced a massive drop after the new ATH comes in the year 2017. My conclusion is this, even bitcoin will drop, it will always end up at a higher price, and also as I see it here, it follows in a halving time.
It proves that holding your bitcoin is worth it to wait, after 10 years even though how many teslas you want you can afford it once bitcoin becomes more expensive in the market. Indeed, it is a nice graph, thank you for sharing this.

[pixie85]

It can be confusing but:

-there are many different tesla models
-a new tesla from previous year is going to be much cheaper. You can buy new 2019 models in 2020 and save some money
-the value of USD/tesla was also different in 2018 because of inflation and stuff
-teslas are overpriced. Even a stupid set of alu rims for a tesla costs 2000 USD.
-their price varies from country to country. In Germany a new model 3 costs 43000 EUR so 52000 USD
https://www.tesla.com/de_de/model3/design#battery

[crzy]

Both of this are growing really great and we know Tesla is becoming an expensive company but its amazing to see bitcoin grow over time and I’m confident that the cost of Tesla will become less of Bitcoin, Time will come and honestly, I don’t want to spend my Bitcoin on Tesla especially the price keeps on growing.

[error08]

It is a good idea to buy a Tesla using bitcoin as a reserve fund, after bitcoin reach $37k then it's a guarantee to get one due to there are some additional fees such as options and taxes but the best option for an electric vehicle is the long-range that cost over $45k. Unfortunately, Tesla, Inc. doesn't accept payments via bitcoin, perhaps Elon Musk will change his mind in the future to accept bitcoin as a payment method by cooperating with one of the many crypto firms.

Final payment is accepted via:

Electronic check (direct debit) in your Tesla Account
Wire transfer
Personal or cashier’s check at time of pick-up, with your Reservation Number (RN) and name in the memo line source

[Om.monata]

2018: 8.5 BTC = 1 Tesla
2019: 4.8 BTC = 1 Tesla
2020: 1.5 BTC = 1 Tesla
2021: BTC = 1 Tesla🤔🤔




"Bitcoin is my safe word"
Elon Musk 🚀

it's really funny and entertaining. maybe 2021 to the next 5 years 1 tesla = 0.5 btc, this looks crazy but we hope it can happen so that bitcoin always increases 

[TheUltraElite]

I mean I understand the craze here, but you guys shifted from Lambos to Teslas too soon.

Talk about accumulating bitcoin, No, you want Teslas and have wet dreams of the same. Rather see this as the opportunity to sell some bitcoins and book a profit. We are holding nicely at 22K and might reach 25K soon - my realistic price assumption for now.

But seriously, if you want to spend your bitcoin, be logical and stop dreaming of cars. Be logical and think how you can spend it on things you need and not what you are greedy about.

[avikz]

I mean I understand the craze here, but you guys shifted from Lambos to Teslas too soon.

Exactly! We used to see Lambo as a comparison back in 2017 bull run! It seems Tesla has become more trendy nowadays because of the technology and advantages over Lambos. Bitcoin should be spend for something more logical, you know! 😀

But I believe an investor should never buy a car like Lambo or Bugatti or koenigsegg because these are just wastage of money! These kind of cars are not practical unless someone has a shitload of money and don't know how to spend them! Bitcoin is a logical asset class and it must be spent for practical things like Real estate! I indeed converted some of my bitcoin holdings back in 2017 to pay off the token amount to purchase my first apartment.

[Mauser]

A tesla is my dream car. I hope one day I can afford to buy one. The cars look awesome and are good for the environment. If I had enough bitcoins I would instantly buy on. Would be nice to know if anyone here actually bought one. Maybe post a picture with your tesla?

[Noctis Connor]

This could be an eye opener for other big companies to start accepting bitcoin as a payment method too, not only elon musk because he also believed into bitcoin not only he is an ex ceo of dodge coin but he knew already the potential of bitcoin that is why he already said that. if i am also a business owner i will start accepting bitcoin to know people that not only credit card are existing for payment method but also other internet money where they can easily earn from trading and other activities.

[CryptoLogo]

I saw this rather strange tweet from Elon Musk. To be honest, the first thing I thought was that it was hacked again.
But if this is not so, then I am sure the scammers will not miss the opportunity to take advantage of this statement in order to once again try to deceive people with the free distribution of bitcoin and cryptocurrency.
Be carefull.

[vaultman]

I think that in 2021 the cost of a Tesla car in bitcoins will be less than one bitcoin. Now there are all the prerequisites for the growth of the value of bitcoin, as well as the viral infection of the entire population, which is only gaining momentum every day, like a snowball, which cannot but affect the price of bitcoin. Even if this does not happen in 2021, in any case it is only a matter of time.