Tesla to Discontinue Accepting Bitcoin Payments Because Musk Says It's an Energy Hog

Tesla to Discontinue Accepting Bitcoin Payments Because Musk Says It’s an Energy Hog

Sienna Rowley - May 13, 2021

On Wednesday evening, Tesla's Chief Executive Officer Elon Musk tweeted that Tesla to discontinue accepting Bitcoin Payments for purchasing its Tesla vehicles. The reason for discontinuing Bitcoins as payment is excessive energy consumption in the mining of crypto-currency, Elon Musk...

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