Tesla chief and billionaire Elon Musk said on Twitter that the electric vehicle maker has started accepting Bitcoin. To buy a brand-new electric car from Tesla, now you can use cryptocurrency. And it won’t get converted to fiat currency.
“You can now buy a Tesla with bitcoin. Tesla is using only internal and open source software and operates bitcoin nodes directly,” the CEO said in a series of tweets.
The automaker last month revealed that it had bought $1.5 billion worth of bitcoin and that it would soon start accepting the world’s most popular cryptocurrency as a form of payment. Tesla’s vehicles range from US$ 40,000 to US$ 125,000 before tax. Based on the market rate, you can pay via the cryptocurrency and roll-out of the showroom with a brand new Tesla.
It’s available only to US customers right now, but Tesla did say that more countries shall follow later this year. It’s to be noted that bitcoin is the only cryptocurrency Tesla accepts.
Musk has always been an ardent supporter of cryptocurrencies and envisions a day when it’ll take over the world. While a tiny portion of the money is flowing in Bitcoin right now, many predict it to be the future of payments and human economics.
Tesla embracing bitcoins is a bid-deal because many other smaller companies shall be encouraged to make a move. Acceptability has always been a strong-point for cryptocurrency critics, and this one small act of confidence-building.
Some investors, however, are convinced that Tesla and bitcoin are both in bubble territory. The value of a Tesla share and bitcoin has soared in the last year, breaking all fundamental rules of value-based investing. Investors are concerned that cryptocurrency is still an unregulated industry and that many governments, like the Indian one, shall clamp down on it. Making it a very volatile investment.
Honda Civic Type R debuts in the Philippines: Price, availability
Most powerful model yet
Honda is starting 2023 with a bang, introducing the 6th generation Civic Type R to the Philippine market.
The most powerful yet from the line, the all-new sports car-looking Civic Type R will feature a handful of improvements from its exterior design all the way to a more ergonomic and immersive cabin inside.
Some changes include a wider and lower overall build, wider rear doors, a reshaped rear bumper, an elongated hood, and an aggressive front bumper design featuring a honeycomb grille mesh.
The LED headlamps and taillamps have also been redesigned, complementing the matte black finish on the 19-inch alloy wheels.
Of course, the Civic Type R isn’t just all about appearance; underneath the hood is a powerful 2.0-liter, 16-valve DOHC VTEC, turbo-charged in-line 4-cylinder engine for up to 420 Nm of torque.
The car features a 6-speed manual transmission with a Rev Match Control system for more precise and smoother shifting.
Immersive, comfortable interior
Inside the all-new Civic Type R is an immersive cabin with distinct features only available on the specific model.
There is an aluminum shift knob for added sportiness and a serialized Type R plate on the dashboard. The car has racing-inspired Alcantara seats, while a black and red motif stands out in interior finishes.
Behind the steering wheel is a 10.2-inch fully-digital instrument cluster. For its infotainment setup, the Type R features a 9-inch touchscreen with support for various connectivity and multimedia functions, such as Android Auto and Apple CarPlay, and a 12-speaker Bose system.
Another exclusive offering for the Type R is the Honda LogR Performance Datalogger that monitors driving activity using both the car’s sensors and a built-in vehicle app.
Other comfort features include automatic air-conditioning, smart key card entry, one push start system, wireless charging, and more.
Advanced safety features
The 2023 Civic Type R comes with the full suite of Honda SENSING features, such as:
- Collision Mitigation Braking System
- Adaptive Cruise Control
- Lane Keeping Assist
- Road Departure Mitigation
- Lane Departure Warning
- Forward Collision Warning
- Auto-High Beam
Aside from these, the car also has a camera mounted behind the windshield which has an improved field of view (100 degrees from 50 degrees) while at the back is a multi-view rear camera.
Other safety offerings include:
- Anti-lock Brake System
- Electronic Brake-Force Distribution
- Vehicle Stability Assist
- Hill Start Assist
- Electric Parking Brake
- Auto Brake Hold
- ISOFIX child seat anchor
The all-new Honda Civic Type R retails for PhP 3,880,000 for the 2.0 VTEC Turbo Honda SENSING MT variant.
Visit any of Honda’s 37 car dealerships nationwide for the virtual showroom here for more details.
Xiaomi EV spotted in China
How do new cars get their first test runs on real roads? Common in the automotive space, prerelease vehicles often go on extensive tests on actual roads while disguised with non-revealing designs. As vehicles, electric vehicles are no different. A year ahead of their projected release date, Xiaomi and its first electric car have made surprise appearances in Chinese roads for test drives.
Reported by CarNewsChina (via ArenaEV), Xiaomi has reportedly unleased its unreleased electric vehicle in China. The timing of the tests foretell important tests for winter conditions, an important metric for vehicles in a country that gets its fair share of icy weather. Xiaomi CEO Lei Jun reportedly participated in the tests himself.
All of the test vehicles were clothed in black fabric to obscure the final design. Spotters won’t be able to deduce much except from the outline. Speculations are already out and about, though.
The vehicle, codenamed Modena, will come with a variety of battery options including one from Chinese EV mainstay BYD. The battery will supposedly charge from empty to around 80 percent in just 15 minutes. It will also reportedly come with an unreleased automotive chipset from Qualcomm. It might ship with a price tag hovering between RMB 260,000 to RMB 350,000.
As with their first announcement back in 2021, Xiaomi is expected to launch the Modena sometime in 2024. Besides the first vehicle, the company is also working on another vehicle codenamed Lemans.
SEE ALSO: First Xiaomi car set for a 2024 launch
Best of CES 2023
Next-Gen Foldables, Record-Breaking Electric Car, and a 3D Laptop without 3D Glasses
There were a lot announced during CES 2023 — and by that we mean A LOT.
But some of our favorites include a portable solar-powered fridge with a built-in ice maker, a record-breaking electric vehicle that can go farther than any before, a laptop with a 3D display, heck even the future of foldable smartphones was unveiled!
Know more of them by watching our Best of CES 2023 round-up!
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