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Tesla customers can now buy their car with Bitcoin, company chief Elon Musk has said. Mr Musk, a well known Bitcoin enthusiast, made the unexpected announcement in a tweet. But Bitcoin's value rapidly moves up and down - meaning the cryptocurrency price of the car could change day to day. Tesla has invested heavily in the digital currency, buying $1.5bn (£1.1bn) worth of Bitcoin. And that apparent vote in confidence saw Bitcoin's value shoot to a record high. media captionBitcoin explained: How do cryptocurrencies work? Wednesday's announcement also led to a modest bump to the price of Bitcoin. Mr Musk tweeted Tesla would be running its own internal software to handle Bitcoin payments, which "operates Bitcoin nodes directly". Nodes, in this sense, are the computers that process Bitcoin transactions. And in an apparent bid to assuage fears of Bitcoin enthusiasts who want to see the ecosystem thrive, Mr Musk said: "Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat [government-controlled] currency" The BBC is not responsible for the content of external sites. View original tweet on Twitter In the US, orders for new Tesla cars can now be secured with the equivalent of a $100 deposit in Bitcoin. The facility would be rolled out to other countries in the coming months, Mr Musk said. Bitcoin's volatile price makes its use to buy real-world goods somewhat complicated. For example, Tesla's terms and conditions say if a refund is needed, it can pay in either the exact amount of Bitcoin paid or in US dollars based on the dollar price of the car - whichever it wants. So if the price of Bitcoin shoots up before a refund is issued, the customer could lose out. The announcement comes the same day US magazine Consumer Reports warned Tesla cars were recording and transmitting video footage, to help develop its self-driving technology, in a way that raised privacy concerns. Other carmakers did not record or send the video they captured, it said - instead using the technology to warn a driver if they were not paying enough attention. "If Tesla has the ability to determine if the driver isn't paying attention, it needs to warn the driver in the moment, like other automakers already do," it said. John Davisson, from the Electronic Privacy Information Center, told Consumer Reports: "In Tesla's approach, there's always the possibility that insurance companies, police, regulators, and other parties in accidents will be able to obtain that data." Last week, Mr Musk denied reports his cars' sensors and cameras could be used for spying on the Chinese military , saying Tesla would be "shut down" if that were the case.

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Both devices have also passed all the validation requirements included in the Intel Rocket Lake Platform component list. This validation puts the regulator through stringent tests to ensure compliance with Intel specifications. AOS’s proprietary COT architecture provides ultra-fast load transient response performance and enables stable and low voltage ripple operation with small-sized ceramic capacitors, further reducing solution size and cost. AOS EZBuck family is highly integrated; featuring a PGOOD output, an integrated bootstrap diode and integrated soft start. Protection features include cycle-by-cycle current limit, short-circuit protection (SCP), Overvoltage Protection (OVP) and Thermal shutdown. A Low Power Mode (LPM) pin also allows system designs to lower VCCIO rails down to 0V for minimizing system power consumption in standby or idle mode. Low RDS(ON) internal NFETs: 11mOhm HS FET, 7mOhm LS FET “The current look at more info capability offered by the AOZ2263VQI-01 and the AOZ2263VQI-02 offers designers an easy-to-use solution to support Intel Rocket Lake’s platform. In today’s ever shrinking desktop motherboard form factors, PCB real estate is at a premium. Utilizing AOS’s EZBuck regulator platform technology enables AOS to solve the system designer’s problem of ever-shrinking PCB real estate,” said Wayne Lee, Power IC Marketing at AOS. The AOZ2263VQI-01 and the AOZ2263VQI-02 are immediately available in production quantities with a lead-time of 12 weeks. The unit price for 1,000 pieces is $1.058 for the AOZ2263VQI-01 and the AOZ2263VQI-02. Alpha and Omega Semiconductor Limited, or AOS , is a designer, developer, and global supplier of a broad range of power semiconductors, including a wide portfolio of Power MOSFET , IGBT , IPM , TVS , HVIC , SiC/GaN , Power IC , and Digital Power products. AOS has developed extensive intellectual property and technical knowledge that encompasses the latest advancements in the power semiconductor industry, which enables us to introduce innovative products to address the increasingly complex power requirements of advanced electronics. AOS differentiates itself by integrating its Discrete and IC semiconductor process technology, product design, and advanced packaging know-how to develop high-performance power management solutions. AOS’s portfolio of products targets high-volume applications, including portable computers, flat-panel TVs, LED lighting, smartphones, battery packs, consumer and industrial motor controls, automotive electronics, and power supplies for TVs, computers, servers, and telecommunications equipment. For more information, please visit . This press release contains forward-looking statements that are based on current expectations, estimates, forecasts, and projections of future performance based on management’s judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, references to the efficiency and capability of new products and the potential to expand into new markets. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These factors include, but are not limited to, the actual product performance in volume production, the quality and reliability of the product, our ability to achieve design wins, the general business and economic conditions, the state of the semiconductor industry, and other risks as described in the Company’s annual report and other filings with the U.S. Securities and Exchange Commission.
2021-05-07 / Posted in