Elon Musk says Tesla will stop accepting bitcoin for car purchases, citing environmental concerns
 28313 Monday, 17 May, 2021, 00:12 Tesla CEO 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. At that time, the company said it would start accepting bitcoin as a payment method for its products. Support for cryptocurrency from Tesla contributed to the prices of cryptocurrencies, including bitcoin and dogecoin, skyrocketing in recent months. Here was Musk’s full announcement: |
Teslas in Las Vegas set on fire in "targeted attack," police say (video)
127020.03.2025, 00:58
Tesla Sales Fall 45% in Europe Amid Musk’s Meddling in Politics
458425.02.2025, 22:50
Porsche plans to cut additional 1,900 jobs by 2029
536913.02.2025, 21:14
New York becomes first U.S. city with congestion pricing
804006.01.2025, 20:19
China's Xiaomi enters car market with new electric vehicle (photo, video)
2672528.03.2024, 21:48
India’s first ever flying taxis will be operational soon (video)
2635408.03.2024, 16:36
Armenia negotiates with several countries for launching joint production of e-cars
3001903.01.2024, 11:36
Tesla issues massive recall of more than 2 million vehicles over autopilot safety concerns
2996913.12.2023, 21:18