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Elon Musk says Tesla will stop accepting bitcoin for car purchases, citing environmental concerns

TeslaCEO Elon Musk said Wednesday on Twitter that Tesla has "suspended vehicle purchases using bitcoin," out of concern over "rapidly increasing use of fossil fuels for bitcoin mining.". The price of bitcoin dropped about 5% in the first minutes after Musk's announcement.In an SEC filing in February, Tesla revealed that it bought $1.5 billion worth of bitcoin and it may invest in more of bitcoin or other crypto currencies in the future.At that time, the company said it would start accepting bitc
Elon Musk says Tesla will stop accepting bitcoin for car purchases, citing environmental concerns

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  • LuluDog
    ·2021-05-13
    Few night…. But yes.
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