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Say What?!: Musk Halts Purchases of Bitcoin for Teslas

Friday, May 14, 2021 @ 12:05 AM

Posted by Shannon Brady

BitcoinFremont, Calif. – Tesla will no longer accept Bitcoin for purchases, Chief Executive Elon Musk stated on Wednesday recognizing hazards to environmental concerns.

Musk tweeted on Wednesday that Tesla is concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.

Read the full story here.


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