Dorsey said previously he would convert the winning bid into bitcoin and donate it to GiveDirectly for its Africa Response, and he tweeted his receipt Monday afternoon. GiveDirectly is a charitable organization which gives money directly to people living in poverty.
In the firm’s refund policy, Tesla cautioned buyers that should they seek to return their electric car and obtain a refund, the company can choose to pay them back in U.S. dollars or bitcoin. Tesla notes that it reserves the right to refund the customer in U.S. dollars at the exact price bitcoin was worth at the time of purchase.
