Elon Musk shocked the world a few months ago by first announcing that Tesla had bought bitcoin worth $1.5 billion and then that Tesla buyers could pay for their new cars with bitcoin if that so desired. Less than two months after Musk’s announcement that Tesla will accept bitcoin payments, the CEO revealed the company had changed its mind. Tesla will no longer accept bitcoin, for the time being, citing environmental concerns. But Musk said that Tesla will continue to hold bitcoin, and it’s considering other cryptocurrencies that are more energy-efficient than bitcoin.
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Elon Musk says you can no longer buy a Tesla with bitcoin originally appeared on BGR.com on Thu, 13 May 2021 at 06:50:23 EDT. Please see our terms for use of feeds.
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