Elon Musk: Tesla is suspending Bitcoin payment options until it’s more sustainable

Tesla CEO Elon Musk announced on Twitter that Tesla would be suspending the option to pay for vehicles using Bitcoin, as “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.” Tesla invested $1.5 billion into Bitcoin in December, according … Continue reading Elon Musk: Tesla is suspending Bitcoin payment options until it’s more sustainable