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. Learn more about your ad choices. Visit megaphone.fm/adchoices