On a shocking but reasonable note, Elon Musk announced that Tesla would not accept Bitcoin for purchasing its EVs anymore! This is because of the unfavorable impact of Bitcoin mining on the environment, which leads to the rapid use of fossil fuels causing the worst emissions. While it’s suspended now, Musk said they might reconsider this decision once the “mining transitions to more sustainable energy. ”
Now You Can’t Buy a Tesla With Bitcoin.
As if creating waves in the Dogecoin world isn’t enough, Elon Musk now falls on Bitcoin and pretty much everything on the cryptocurrency market! He just announced that his EV company, Tesla, will not accept Bitcoin for vehicles since it adversely impacts the environment.
Tesla & Bitcoin pic.twitter.com/YSswJmVZhP — Elon Musk (@elonmusk) May 12, 2021
