Tesla made headlines Monday, and not because of their electric vehicles. The company has purchased $1.5 billion worth of bitcoin, saying in an SEC filing it will allow for more flexibility to further diversify and maximize returns on cash. Additionally, Tesla said it would start accepting payments in bitcoin, which would make it the first automaker to do so. Dan Ives, Managing Director of Equity Research at Wedbush Securities, explains why this move will have a ripple effect across corporations around the world.