WSJ Tech News Briefing

Why Tesla Bought $1.5 Billion in Bitcoin

Tesla CEO Elon Musk has often advocated for cryptocurrencies, and now his company is following suit. In a filing Monday, the company revealed that it bought $1.5 billion in bitcoin, and that it was moving towards allowing customers to pay for its products with the cryptocurrency. Markets reporter Caitlin Ostroff joins host Amanda Lewellyn to explain why Tesla is making the move, and what it could mean for bitcoin's future. 
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Tech News Briefing is your guide to what people in tech are talking about. Every weekday, we’ll bring you breaking tech news and scoops from the pros at the Wall Street Journal, insight into new innovations and policy debates, tips from our personal tech team, and exclusive interviews with movers and shakers in the industry.