Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues

Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues
фото показано с : news.bitcoin.com

2021-5-13 01:47

Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.”

Tesla Stops Accepting Bitcoin

Tesla CEO Elon Musk announced on Twitter Wednesday that his electric car company has suspended accepting bitcoin for vehicle purchases. The message reads:

Tesla has suspended vehicle purchases using bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.

The notice continues: “Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the Environment. Tesla will not be selling any bitcoin and we intend to use it for transactions as soon as mining transitions to more sustainable energy. We are also looking at other cryptocurrencies that use less than 1% of Bitcoin’s energy/transaction.”

if (!window.GrowJs) { (function () { var s = document.createElement('script'); s.async = true; s.type = 'text/javascript'; s.src = 'https://bitcoinads.growadvertising.com/adserve/app'; var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n); }()); } var GrowJs = GrowJs || {}; GrowJs.ads = GrowJs.ads || []; GrowJs.ads.push({ node: document.currentScript.parentElement, handler: function (node) { var banner = GrowJs.createBanner(node, 31, [300, 250], null, []); GrowJs.showBanner(banner.index); } });

Tesla began accepting bitcoin in March after the company revealed its bitcoin holdings in a filing with the U.S. Securities and Exchange Commission (SEC) earlier this year. Musk has also changed his official title from CEO to Technoking of Tesla. In its Q1 filing, Tesla revealed that its bitcoin holdings had grown to $2.5 billion after the company “sold 10% of its holdings essentially to prove liquidity of bitcoin as an alternative to holding cash on balance sheet,” explained Musk.

Meanwhile, Musk put a poll on Twitter Monday asking his followers if Tesla should accept dogecoin. 78.2% said yes.

What do you think about Tesla’s bitcoin announcement? Let us know in the comments section below.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 60618.51 (+0.15%)
Объем 24H $28.819b
Изменеия 24h: -2.71 %, 7d: -2.04 %
Cегодня L: $60314.29 - H: $63287.39
Капитализация $1194.349b Rank 1
Цена в час новости $ 50373.59 (20.34%)

bitcoin elon accepting tesla suspended musk fuel

Источник: news.bitcoin.com

bitcoin elon → Результатов: 126


Фото:

Elon Musk Reveals Spacex Owns Bitcoin, He Personally Owns BTC, Ethereum, Dogecoin — ‘I Might Pump but I Don’t Dump’

Spacex and Tesla CEO Elon Musk has revealed that he personally owns bitcoin, ethereum, and dogecoin. Meanwhile, his companies, Spacex and Tesla, own bitcoin. He also said that bitcoin’s energy usage “is shifting a lot more toward renewables,” and Tesla will likely resume accepting the cryptocurrency after he does more due diligence.

2021-7-23 16:30


Фото:

Cryptocurrency Has Absolutely Tanked Since Elon Musk’s Bitcoin Announcement

Just a week ago, on May 12, Bitcoin was soaring to incredible heights. Each token was selling for as much as $57,000, up from just $30,000 at the start of the year. Then came a wrecking ball in the form of Elon Musk, whose electric car company Tesla had lent Bitcoin unprecedented mainstream credibility earlier […] The post Cryptocurrency Has Absolutely Tanked Since Elon Musk’s Bitcoin Announcement appeared first on Futurism.

2021-6-8 19:54


Фото:

Elon Musk Adds “Bitcoin” to Twitter Bio as BTC Posts Monster-Sized Breakout

Elon Musk has long teased his interest in Bitcoin, but his advocacy for the cryptocurrency was solidified today when he added #Bitcoin to his Twitter bio This change coincided with a massive green candle seen by BTC that sent it rocketing up to highs of nearly $39,000 this morning It remains unclear as to whether or not Elon purchased Bitcoin, but it has been speculated that he is the sole reason for the massive pump […]

2021-1-30 21:00


Фото:

‘OMG Hacked!’ Twitter Blocks Elon Musk After Bitcoin Tweet

Elon Musk suffered a temporary ban of his Twitter account after advising people to buy Bitcoin, he revealed October 22. Musk: Twitter ‘Thought I Got Hacked’ In a move which focused attention on the social media platform’s controversial cryptocurrency policy, Twitter cut off access to Musk’s account after he sent a tweet as part of a debate on a separate topic.

2018-10-23 13:00


You can now buy Elon Musk’s ‘Not A Flamethrower’ with Bitcoin

There’s something fitting about an Elon Musk business accepting Bitcoin, because, you know, they’re about as stable as each other. I’m here all week. That’s right, you can now buy the Boring Company’s Not A Flamethrower (from here on out, referred to as just a flamethrower) with not only Bitcoin, but a range of other cryptocurrencies.

2018-10-18 16:40


New Zealand PM Used As Pawn In Fake News Site

Jacinda Arden, Prime Minister of New Zealand has had her face used by a fake news site in order to promote articles aimed at Facebook to encourage a crypto startup. A local media source, ‘Stuff’ reported on Friday that multiple sponsored posts have recently been promoted on Facebook by using the likeness of the New Zealand PM with headlines such as New Investment Plan For Kiwis which were targeted at several different age groups around the country.

2018-10-12 16:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Tesla Doubles Down on AI to Boost Faltering Profits

Tesla bets on a new pivot to boost earnings after Q3 earnings reveal lower margins caused in part by a high interest rate environment. The post Tesla Doubles Down on AI to Boost Faltering Profits appeared first on BeInCrypto.

Tesla Dumps Three-Quarters of its Bitcoin Holdings

Tesla, which just over a year ago rocked the financial world by making a major investment in bitcoin (BTC), has backtracked and sold 75% of its holding.  The post Tesla Dumps Three-Quarters of its Bitcoin Holdings appeared first on BeInCrypto.

Stock Trader Dave Portnoy Dumps All His Dogecoins to Buy Bitcoin

After vowing to never buy bitcoin again, stock trader Dave Portnoy has sold all of his dogecoins, which he bought when the price was at a record high, to buy one bitcoin. Having been called “paper hands,” Portnoy now says will never sell his one bitcoin.

New Data Shows Bitcoin Captured Net Gains For Six Consecutive Months

According to Bloqport’s latest data, bitcoin, which ended the month of March with an overall gain of 29%, has now been in the green for six consecutive months. The data also shows that the crypto asset’s value has nearly doubled from its December 2020 closing price of $29,383 to its current value of $58,647. With […]