Tesla's US website supports the use of Bitcoin for payment.

However this option is only visible to computer users with a US IP, if your IP is from another region, you will not see this option.

— Elon Musk (@elonmusk) March 24, 2021

Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency, Elon Musk, Tesla's CEO said on Twitter.

Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.

— Elon Musk (@elonmusk) March 24, 2021

Pay by Bitcoin capability available outside US later this year, Musk said.

— Elon Musk (@elonmusk) March 24, 2021

The information on Tesla's website shows that it currently only supports Bitcoin payments for customers in the United States, and will consider opening up new markets in the future.

Tesla's filing with the US Securities and Exchange Commission (SEC) early last month shows that the company has purchased $1.5 billion worth of bitcoin.

Many analysts expect that Tesla's big buy of bitcoin could lead to a wave of investment from the corporate sector, starting a new round of bitcoin rallies.